Hexagon Nutrition Limited Regulatory Response Summary
Date and Nature of Exchange Query
Date of Communication: 17th July 2026
The company responded to queries from the National Stock Exchange of India Limited (NSE) regarding the adequacy and accuracy of financial results for the quarter/year ended 31st March 2026, submitted under Regulation 33 of SEBI (LODR) Regulations, 2015.
Company's Clarifications and Corrective Actions
1. Machine Readable Form / Legible Copy Issue
- Clarification: Technical oversight in initial filing
- Action Taken: Resubmitted fully searchable, machine-readable (text-searchable PDF format) copy of Financial Results along with Auditor's Report
- Updated copy attached and re-uploaded on the portal
2. Limited Review Report/Independent Auditor's Report - Format/UDIN Issue
- UDIN Discrepancy: Same UDIN mentioned across Standalone and Consolidated reports due to inadvertent typographical error
- Rectification: Statutory Auditors had generated separate distinct UDINs for each report
- Standalone UDIN: 26146268GBVFRM5476
- Consolidated UDIN: 26146268PUCRJV6026
- Revised reports issued in prescribed SEBI format with correct UDINs
3. XBRL Filing with Reserves Mismatch
- Cause: Variance in "Reserves excluding Revaluation Reserve" due to typo error during XBRL generation (amount entered as ₹2222.70 Millions)
- Rectification: Revised and re-generated Consolidated XBRL utility
- Correct Figure: ₹2222.30 Millions (matches PDF results)
Financial Results Overview
Consolidated Financial Results (Year Ended 31st March 2026):
- Total Income: ₹3,343.34 million
- Net Profit: ₹379.37 million
- Total Comprehensive Income: ₹391.12 million
- EPS Basic: ₹3.43
- EPS Diluted: ₹3.09
- Other Equity excluding Revaluation Reserves: ₹2,222.30 million
Standalone Financial Results (Year Ended 31st March 2026):
- Total Income: ₹3,343.34 million
- Net Profit: ₹381.48 million
- Total Comprehensive Income: ₹388.60 million
- EPS Basic: ₹3.45
- EPS Diluted: ₹3.10
- Other Equity excluding Revaluation Reserves: ₹2,202.73 million
Auditor's Emphasis of Matter
The auditors highlighted several key matters in their report:
Consolidated Report Emphasis Matters:
1. Merger of Hexagon Nutrition (Exports) Private Limited (wholly owned subsidiary) with Hexagon Nutrition Limited
2. Conversion of Compulsorily Convertible Preference Shares (CCPS) into equity shares subsequent to reporting date
3. Listing of company's equity shares on stock exchange subsequent to reporting date
4. Material uncertainty regarding going concern status of two foreign subsidiaries (Hexagon Nutrition Proprietary Ltd South Africa and Hexagon Nutrition LLC Uzbekistan) due to net liability position of ₹(121.91) million
Standalone Report Emphasis Matters:
1. Merger of Hexagon Nutrition (Exports) Private Limited
2. CCPS conversion into equity shares
3. Listing of equity shares on stock exchange
Subsequent Events
IPO Completion:
- Completed Initial Public Offering through 100% Offer for Sale (OFS)
- 3,08,59,704 equity shares of face value ₹1/- each at offer price of ₹45/- per share
- Aggregate: ₹1,388.87 crores
- Listed on NSE and BSE on June 12, 2026
- Company received no proceeds from IPO (entirely OFS)
CCPS Conversion:
- Converted Compulsorily Convertible Preference Shares into equity shares on April 20, 2026
- Paid-up equity share capital increased from said date
Subsidiary Merger:
- Hexagon Nutrition (Exports) Private Limited merged with parent company
- NCLT approval received on January 14, 2026 (Order No: C.P.(CAA)/225(MB)2025 C.A.(CAA)/141(MB)2025)
- Appointed date: April 01, 2025
- Accounted under Pooling of Interests Method