Company and Document Details
Meeting Details
The 45th Annual General Meeting will be held on Friday, September 18, 2026 at 12:30 PM IST through Video Conference/Other Audio-Visual Means. The deemed venue is the Registered Office at 15th K.M. Stone, Delhi Road, V.P.O. Mayar, Hisar-125044.
Ordinary Business Items
1. To consider and adopt the audited standalone financial statements for FY ended March 31, 2026 and reports of Board of Directors and Auditors
2. To consider and adopt the audited consolidated financial statements for FY ended March 31, 2026 and report of Auditors
3. To appoint a director in place of Mr. Raghavkumar Agarwal (DIN: 02836610) who retires by rotation and seeks re-appointment
Special Business Items
4. To re-appoint Mr. Vikram Sumatilal Sheth (DIN: 03349632) as an Independent Director for a second term of five years from April 30, 2027 to April 29, 2032
5. To approve revised remuneration of Mr. Raghavkumar Agarwal (DIN: 02836610), Whole-Time Director designated as Executive Director, Chief Executive Officer & Chief Financial Officer, effective from December 01, 2026 for the remainder of his tenure up to May 29, 2029
Voting Information
- Record Date: September 11, 2026
- Remote e-voting period: September 15, 2026 (9:00 AM) to September 17, 2026 (5:00 PM)
- E-voting service provider: Central Depository Services (India) Limited (CDSL)
- Physical attendance dispensed with due to virtual meeting
- Scrutinizer: Mr. Mukesh Siroya (Membership No. F5682; CoP No. 4157) or failing him Ms. Bhavyata Acharya (Membership No. A25734; CoP No. 21758)
Director Details
Mr. Raghavkumar Agarwal (DIN: 02836610)
- Age: 39 years, Nationality: Indian
- Qualification: Bachelor's Degree in Management Science from Warwick Business School, University of Warwick, UK
- Experience: Over two decades in textile industry with expertise in operational processes and financial strategies
- Current remuneration: ₹65.31 lakhs for FY 2025-26
- Shareholding: 108,468 shares in personal capacity
- Relationship: Son of Mr. Kailash Kumar Agarwal, Chairman and Managing Director
Mr. Vikram Sumatilal Sheth (DIN: 03349632)
- Age: 54 years, Nationality: Indian
- Qualification: Bachelor's degree in Chemical Plant Engineering from University of Mumbai and Master's degree in Management Studies from NMIMS
- Experience: Over three decades in financial services, assisted corporates in raising over USD 3 billion in equity/debt
- Current remuneration: ₹4.80 lakhs for FY 2025-26
Remuneration Details for Mr. Raghavkumar Agarwal
The revised remuneration package includes:
- Basic Salary: Not exceeding ₹75.30 lakhs per annum
- Statutory Annual Bonus/Ex Gratia: Not exceeding 5% of Basic Salary
- Allowances/Perquisites: Not exceeding ₹45 lakhs per annum (including HRA, LTA, company car, medical reimbursement, insurance)
- Retiral Benefits: Provident Fund, Superannuation, Gratuity, Leave Encashment as per company rules
- Performance Pay/Commission: As determined by Board/Nomination and Remuneration Committee
Financial Performance
| Financial Year | 2025-26 | 2024-25 | 2023-24 |
| Gross Revenue (₹ lakhs) | 13,412.50 | 12,948.94 | 9,535.29 |
| PBIDT (₹ lakhs) | 1,423.26 | 1,382.94 | 598.15 |
| PBT (₹ lakhs) | 438.60 | 380.76 | (418.34) |
| PAT (₹ lakhs) | 292.20 | 257.87 | 92.09 |
| EPS (₹) | 7.45 | 6.57 | 2.35 |
IEPF Transfers
- Unclaimed dividend transferred for FY 2017-18: ₹169,434
- Shares transferred to IEPF: 16,705 shares
- Due date for transfer of unclaimed dividends for FY 2021-22: October 26, 2029
Additional Information
- Registrar & Share Transfer Agent: Alankit Assignments Limited
- Annual Report available at: www.hpthreads.com/annual-reports.php
- Foreign shareholding as of March 31, 2026: approximately 0.62%
- Company specializes in manufacturing cotton yarns and threads, exporting to over 30 countries
#Tags: #HPCottonTextileMills #AGMNotice #SEBIDisclosure #CorporateGovernance #DirectorAppointment #Neutral