Hindoostan Mills Ltd (509895)

Promoter group members of Hindoostan Mills Limited have acquired 4,740 equity shares (0.284% stake) through open market purchases between September 21, 2026, and September 28, 2026. The acquisition was conducted by Abhimanyu J. Thackersey (1,185 shares), Hrishikesh J. Thackersey (1,185 shares), and Khushaal C. Thackersey (2,370 shares). Following this transaction, total promoter group shareholding marginally increased from 60.48% (10,06,697 shares) to 60.76% (10,11,437 shares). The transaction is valued at approximately Rs 0.07 crore based on recent market prices, representing a very minor change relative to the company's Rs 24 crore market cap.

• Promoter group acquired 4,740 equity shares representing 0.284% of total share capital
• Total promoter shareholding increased from 60.48% (10,06,697 shares) to 60.76% (10,11,437 shares)
• Purchases took place via the open market between September 21, 2026, and September 28, 2026
• Khushaal C. Thackersey bought 2,370 shares (0.142%), while Abhimanyu and Hrishikesh Thackersey acquired 1,185 shares (0.071%) each

Hindoostan Mills has released its FY 2025-26 Annual Report and scheduled its 122nd AGM for September 10, 2026. The company is seeking shareholder approval to re-appoint Mr. Abhimanyu J. Thackersey as Joint Managing Director for a three-year term starting February 2027, with a monthly salary of Rs 3.50 lakh. Financial disclosures for FY26 reveal a negative Return on Equity (ROE) of -18.41%, although this is an improvement from -24.13% in FY25. Despite the losses, the company maintains a very strong balance sheet with a Debt-Equity ratio of 0.01 and a market cap of just Rs 27 Cr against a net worth of Rs 96 Cr.

• 122nd Annual General Meeting scheduled for September 10, 2026, via video conferencing.
• Proposed re-appointment of Mr. Abhimanyu J. Thackersey as Joint Managing Director for a 3-year term (2027-2030).
• Return on Equity (ROE) remains negative at -18.41% for FY26, compared to -24.13% in FY25.
• Inventory turnover period increased to 180.65 days in FY26 from 155.61 days in FY25.
• Debt-Equity ratio improved to 0.01 from 0.03 due to a decrease in lease liabilities.

Hindoostan Mills Ltd has scheduled its 122nd Annual General Meeting (AGM) for September 10, 2026, at 11:30 A.M. via video conferencing. In conjunction with the meeting, the register of members will be closed from September 07 to September 10, 2026. This is a standard administrative procedure for the Rs 27 crore market cap company. No dividend declaration was specified in this particular notice.

• 122nd Annual General Meeting to be held on September 10, 2026
• Book closure period of 4 days from September 07 to September 10, 2026
• Meeting time set for 11:30 A.M. via Video Conference/OVAM

Hindoostan Mills Ltd has announced its 122nd Annual General Meeting (AGM) to be held on September 10, 2026, via video conferencing. The company has fixed the book closure period from September 7 to September 10, 2026, for the purpose of the meeting. This is a routine administrative filing for the micro-cap textile company, which currently has a market capitalization of Rs 27 Cr and TTM revenue of Rs 153 Cr. No specific dividend or corporate action was detailed in this intimation.

• 122nd Annual General Meeting scheduled for September 10, 2026, at 11:30 A.M.
• Book closure period fixed for 4 days from September 7 to September 10, 2026.
• Meeting to be conducted through Video Conference (VC) or Other Audio-Visual Means (OAVM).
• Company reports a debt-free balance sheet with Rs 0 Cr debt against a net worth of Rs 96 Cr.

Hindoostan Mills has approved the reappointment of Mr. Abhimanyu J. Thackersey as Joint Managing Director for a three-year term starting February 08, 2027. The decision, finalized in the board meeting on August 07, 2026, is subject to shareholder approval at the 122nd AGM scheduled for September 10, 2026. Mr. Thackersey has been associated with the company's leadership since 2011 and led its entry into technical textiles. This move ensures management continuity for the micro-cap company, which currently has a market capitalization of Rs 27 Cr and TTM revenue of Rs 153 Cr.

• Reappointment for a 3-year term effective from February 08, 2027, until February 07, 2030.
• Shareholder approval to be sought at the 122nd Annual General Meeting on September 10, 2026.
• Mr. Thackersey previously served as Executive Director from May 2011 to September 2017 before his current roles.
• The company maintains a debt-free balance sheet (D/E of 0.00) with a net worth of Rs 96 Cr.
• Promoter holding remains stable at 60.47% as of June 2026.

Hindoostan Mills Ltd has scheduled a board meeting for August 07, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company, which operates in the textile sector, has a small market capitalization of ₹27 Cr and a TTM revenue of ₹153 Cr. The trading window for insiders has been closed since July 01, 2026, in compliance with SEBI regulations. This is a routine procedural announcement ahead of the quarterly earnings release.

• Board meeting scheduled for August 07, 2026, to approve Q1 FY27 results
• Financial results cover the three-month period ended June 30, 2026
• Trading window closed from July 01, 2026, until 48 hours post-announcement
• Company reports a low TTM Operating Profit Margin (OPM) of 4.8%