Shekhar Agarwal | Business Upturn

HEG announces Rs 3.40 per share dividend for FY 2025-26

Arunika Jain — Wed, 29 Apr 2026 13:23:53 +0000

HEG has declared 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 will be disbursed within 30 days post-AGM.

The company released its audited financial results for the quarter and year ending 31 March 2026, including standalone and consolidated statements of cash flows and assets and liabilities. The auditors’ report, which accompanies these statements, presents an unmodified opinion.

In a significant development, 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 reappointed M/s. N. D. Birla & Co. as the cost auditor for the financial year 2026-27. Additionally, M/s. S.L. Chhajod & Co, LLP, and M/s. SCV & Co. LLP have been reappointed as internal and tax auditors, respectively, for the same period.

Further, the board has authorised the creation of security in favour of the lender/security trustee on behalf of its wholly-owned subsidiary, TACC Limited. This includes pledging 51% of TACC’s equity shares and a non-disposal undertaking for the remaining 49% to secure credit facilities up to ₹1,239 crore from the State Bank of India.

The board also approved amendments to the ‘Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information,’ which are detailed in an attached annexure.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

HEG recommends Rs 3.40 dividend per equity share for FY 2025-26

Arunika Jain — Wed, 29 Apr 2026 13:23:53 +0000

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).

HEG announces Rs 3.40 per share final dividend for FY26

Business Desk — Wed, 29 Apr 2026 13:23:53 +0000

HEG has announced a final dividend of ₹3.40 per equity share for the financial year 2025-26. This decision is subject to shareholder approval at the upcoming Annual General Meeting (AGM) and will be paid within 30 days from the AGM date.

The company’s board also approved the audited financial results for the quarter and year ending 31 March 2026, along with the statement of cash flows and statement of assets and liabilities. These documents, which include both standalone and consolidated results, were accompanied by an unmodified auditor’s report.

Additionally, 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 also re-appointed several auditors for the upcoming financial year. M/s. N. D. Birla & Co. will continue as the cost auditor, M/s. S.L. Chhajod & Co, LLP as the internal auditor, and M/s. SCV & Co. LLP as the tax auditor.

In further developments, the board has resolved to create security in favour of the Security Trustee on behalf of TACC Limited, a wholly-owned subsidiary. This includes a pledge of 51% equity shares of TACC Limited, a non-disposal undertaking for the remaining 49% equity shares, and hypothecation over unsecured loans to secure credit facilities up to ₹1,239 crore from the State Bank of India.

Lastly, the company has amended its ‘Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information’. The amended policy is available as an annexure.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

HEG announces Rs 3.40 per share final dividend for FY26

Business Desk — Wed, 29 Apr 2026 13:23:53 +0000

HEG has announced 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 will be distributed within 30 days following the AGM.

In addition to the dividend declaration, HEG‘s Board of Directors approved several key decisions during their meeting on April 29, 2026. These include the audited financial results for the quarter and year ending March 31, 2026, along with the statement of cash flows and assets and liabilities.

The Board also approved the continuation of Shri Shekhar Agarwal as a Non-Executive Non-Independent Director. Agarwal, who will turn 75 in October 2027, will continue in his role subject to shareholder approval through a special resolution.

Furthermore, the Board re-appointed several auditors for the upcoming financial year. M/s. N. D. Birla & Co. was re-appointed as the Cost Auditor, M/s. S.L. Chhajod & Co. LLP as the Internal Auditor, and M/s. SCV & Co. LLP as the Tax Auditor.

In terms of corporate finance, the Board authorised the creation of security in favour of the Security Trustee on behalf of TACC Limited, a wholly-owned subsidiary. This includes pledging 51% of TACC’s equity shares and providing a non-disposal undertaking for the remaining 49% to secure credit facilities of up to ₹1,239 crore from the State Bank of India.

Additionally, the Board amended the ‘Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information,’ with the updated policy attached as an annexure.

The company will announce the AGM date and related information in due course. The Board meeting began at 1:30 PM and concluded at 5:00 PM.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).