Key Quantitative Figures and Decisions

1. Audited Financial Results for Q4 and FY Ended March 31, 2026:

The Board considered and approved the audited financial results for the quarter and financial year ended March 31, 2026, as recommended by the Audit Committee. The Statutory Auditors, M/s. K.N Gutgutia & Co., issued an unmodified audit opinion.

Financial Highlights (₹ in Lakhs):

  • Profit/(Loss) for the year ended March 31, 2026: ₹2,091.37 (vs. Net Loss of ₹(288.59) for the previous year ended March 31, 2025).
  • Total Comprehensive Income for the year: ₹(778.85) (vs. ₹(174.33) for the previous year).
  • Earnings Per Share (Basic & Diluted) for the year: ₹(10.91) (vs. ₹(2.49) for the previous year).
  • Paid-up Equity Share Capital (face value ₹2 each): ₹144.29 Lakhs.
  • Other Equity: ₹42,140.02 Lakhs.
  • Segment Revenue (FY): High Tension Insulators: ₹33,107.68 Lakhs; Real Estate: ₹718.86 Lakhs; Electrical Conductors: ₹65.10 Lakhs.
  • Total Assets: ₹66,062.23 Lakhs (Mar-26) vs. ₹64,910.63 Lakhs (Mar-25).
  • Exceptional Item (FY): Loss of ₹4,705.30 Lakhs on sale of investment (shareholding) in subsidiary Hindusthan Speciality Chemicals Limited (HSCL) to DCM Shriram Limited. An amount of ₹3,859.28 Lakhs is held in an escrow account related to this transaction.

2. Final Dividend Recommendation for FY 2025-26:

The Board recommended a final dividend on equity shares at the rate of ₹0.50 per equity share (25% on face value of ₹2 each), subject to shareholder approval at the ensuing Annual General Meeting (AGM).

  • Record Date: Fixed as June 19, 2026, for determining eligibility.
  • Payment: If declared, the dividend shall be paid within 30 days from the AGM date.
  • Preference Shareholders: Holders of 1% Redeemable, Non-Convertible, Non-Cumulative Preference Shares (9,51,89,700 shares of ₹10 each) are entitled to receive dividend in priority to equity shareholders.

3. Bonus Issue Approval:

The Board approved a proposal to issue bonus equity shares in the ratio of 2:1 (Two new fully paid-up bonus equity shares for every One existing equity share).

  • Face Value: ₹2 each.
  • Number of Securities: 1,44,28,850 equity shares.
  • Source of Bonus: Capitalization of sums from Capital Redemption Reserve and/or General Reserves.
  • Amount Capitalized: ₹2,88,57,700.
  • Available Reserves (as of Mar 31, 2026): Aggregate balance of ₹3,72,91,65,000 in CRR and General Reserve.
  • Share Capital Impact:
  • Pre-Bonus: Equity: ₹1,44,28,850 (72,14,425 shares); Preference: ₹95,18,97,000 (9,51,89,700 shares).
  • Post-Bonus: Equity: ₹4,32,86,550 (2,16,43,275 shares); Preference: ₹95,18,97,000 (9,51,89,700 shares).
  • Estimated Credit Date: On or before July 26, 2026 (within 2 months from Board approval).
  • Rationale: To facilitate retail investor participation, improve share liquidity, make shares more affordable, and broaden the shareholder base.

4. Re-appointment of Internal Auditors:

The Board, based on the Audit Committee's recommendation, re-appointed M/s. K.G. Somani & Co., LLP as the Internal Auditors for the financial year 2026-27. The firm is described as a 3rd generation CA firm with 5 decades of experience.

5. Authorization of Key Managerial Personnel (KMPs):

  • Mr. Deepak Kejriwal, Managing Director
  • Mr. Shailendra Jhalani, Chief Financial Officer
  • Ms. Neha Kejriwal, Company Secretary & Compliance Officer

6. Designation of Senior Management Personnel:

The Board, based on the Nomination & Remuneration Committee's recommendation, identified and designated the following officials as Senior Management Personnel with effect from May 27, 2026:

  • Mr. Shailendra Jhalani, Chief Financial Officer (25+ years experience in finance)
  • Ms. Neha Kejriwal, Company Secretary & Compliance Officer (14+ years experience in legal & governance)
  • Mr. M. Rajan, Senior Vice President-Plant (Production Head) (39+ years in ceramic manufacturing)
  • Mr. Ravi Singh, Vice President-Marketing (Marketing Head) (29+ years in marketing)
  • Mr. Vijay Vishal Sharma, Asst. General Manager-Legal (Legal Head) (20+ years in legal affairs)

Meeting Details

The Board Meeting commenced at 3:34 PM and concluded at 3:58 PM on May 27, 2026.