Dividend / buyback / bonusNotableFiled on BSE ·

Happy Forgings Limited announces audited FY 2025-26 results and board decisions

Happy Forgings · Industrial Products

Arthneeti Research DeskPublished 1 min read
₹170 CrDividend / buyback / bonus

Key highlights

  • Audited standalone and consolidated financial results for FY ended March 31, 2026, approved with unmodified auditor opinion by S.R. Batliboi & Co. LLP
  • Re-appointment approved for Mr. Ravindra Pisharody as Independent Director (16 June 2027 to 15 Nov 2030) and Ms. Megha Garg as Whole-time Director (29 Sept 2026 to 28 Sept 2031), subject to shareholder approval
  • Solar power plant capacity increased from 25 MW to 35 MW with investment up to ₹170 crore; no deviation in fund utilization reported for ₹1008.60 crore raised via public issue on Dec 22, 2023

Why it's rated notable: Audited quarter and year results were declared, but the profit figures are not legible in the filing so the year-on-year change cannot be measured and the level stays at the default medium, while the solar capex of ₹170 crores is 9.6% of ₹1,765 crore annual revenue and rates low.

Original filing

Announcement under Regulation 30 (LODR)-Dividend Updates

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.