HEG has announced a series of significant decisions following its board meeting on 29 April 2026. The company has reported its audited financial results for the quarter and financial year ending 31 March 2026. The board has recommended a final dividend of ₹3.40 per equity share for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend is expected to be paid within 30 days of the AGM.
In addition to the financial results and dividend announcement, the board has approved the continuation of Shri Shekhar Agarwal as a Non-Executive Non-Independent Director. Agarwal, who will turn 75 on 9 October 2027, will continue in his role subject to shareholder approval through a special resolution.
The board has also made several key appointments. M/s. N. D. Birla & Co. has been re-appointed as the Cost Auditor for the financial year 2026-27. M/s. S.L. Chhajed & Co, LLP will continue as the Internal Auditor, and M/s. SCV & Co. LLP has been re-appointed as the Tax Auditor for the financial year 2025-26.
Furthermore, the company has approved the creation of security in favour of a Security Trustee on behalf of its wholly-owned subsidiary, TACC Limited. This includes a pledge of 51% equity shares of TACC Limited and a non-disposal undertaking for the remaining 49% equity shares, among other measures, to secure credit facilities up to ₹1,239 crore from the State Bank of India.
Lastly, HEG has amended its ‘Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information’. The updated policy is available as an annexure.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).