Hindustan Adhesives Ltd (514428)

Hindustan Adhesives Ltd announced the outcome of its Board meeting held on August 14, 2026. The Board approved the re-appointment of M/s SJC & Co., Chartered Accountants, as Internal Auditor for FY 2026-27. Additionally, M/s JSN & CO., Cost Accountants, was re-appointed as Cost Auditor for FY 2026-27. These statutory auditor appointments represent routine annual compliance under Sections 138 and 148 of the Companies Act, 2013.

• Re-appointment of M/s SJC & Co. as Internal Auditor for FY 2026-27
• Re-appointment of M/s JSN & CO. as Cost Auditor for FY 2026-27
• M/s SJC & Co. holds more than 11 years of experience in internal auditing and tax consultancy
• M/s JSN & CO. brings over 12 years of experience in cost compliance and audit reporting

Hindustan Adhesives Limited has announced the re-appointment of Mr. Ravi Kumar Aggarwal as an Independent Director for a second 5-year term from August 26, 2026, to August 25, 2031. The Board also approved the re-appointment of Mrs. Urmila Goenka as a Whole-Time Director for a 3-year term from September 30, 2026, to September 29, 2029. Both re-appointments were approved at the board meeting on August 14, 2026, and are subject to approval by shareholders. The decisions ensure continuity in the leadership and corporate governance structure of the company.

• Re-appointment of Mr. Ravi Kumar Aggarwal as Independent Director for a 5-year term (Aug 26, 2026 to Aug 25, 2031)
• Re-appointment of Mrs. Urmila Goenka as Whole-Time Director for a 3-year term (Sep 30, 2026 to Sep 29, 2029)
• Both re-appointments approved by Board on August 14, 2026, subject to shareholder approval

Hindustan Adhesives has submitted its unaudited financial results for the quarter ended June 30, 2026. The company currently maintains a TTM revenue of Rs 256 Cr and a PAT of Rs 15 Cr, though recent quarterly profits have shown a downward trend, falling to Rs 0.93 Cr in March 2026. With a market capitalization of Rs 140 Cr, the stock trades at a P/E of 9.4, but investors should be cautious of the high Debt-to-Equity ratio of 1.12. The promoter holding remains stable at 68.48% as of the June 2026 quarter.

• Board of Directors approved the Q1 FY27 results in a meeting held on August 14, 2026.
• Promoter holding is maintained at 68.48% for the quarter ended June 30, 2026.
• TTM Revenue of Rs 256 Cr represents a Market Cap to Sales ratio of approximately 0.54x.
• The company carries a total debt of Rs 122 Cr against a net worth of Rs 109 Cr.

Hindustan Adhesives Ltd's board met on August 14, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting lasted 90 minutes, concluding at 3:30 PM. This follows a trailing twelve-month (TTM) revenue of Rs 256 Cr and a net profit of Rs 15 Cr. Investors should monitor the detailed results to see if the company can improve upon the March 2026 quarter's net profit of Rs 0.93 Cr, especially given its debt-to-equity ratio of 1.12.

• Board meeting held on August 14, 2026, to approve Q1 FY27 results.
• Meeting duration was exactly 1.5 hours, from 2:00 PM to 3:30 PM.
• Approval covers both Standalone and Consolidated financial statements for the quarter ended June 30, 2026.

Hindustan Adhesives Ltd has scheduled a board meeting for August 14, 2026, to approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company currently holds a market capitalization of Rs 145 Cr with a TTM revenue of Rs 256 Cr. Investors will be monitoring these results closely following a sequential revenue dip in the March 2026 quarter, where sales fell to Rs 57.64 Cr from Rs 66.89 Cr in the preceding quarter. The trading window for insiders remains closed until 48 hours after the results are declared.

• Board meeting scheduled for August 14, 2026, at 2:00 P.M. in New Delhi.
• Agenda includes approval of Un-Audited Standalone and Consolidated results for the quarter ended June 30, 2026.
• Trading window remains closed for insiders as per SEBI Prohibition of Insider Trading Regulations.
• Company reported a TTM PAT of Rs 15 Cr against a debt of Rs 122 Cr.
• Latest quarterly Operating Profit Margin (OPM) stood at 14.1%.

Hindustan Adhesives Ltd has responded to compliance observations from BSE regarding Regulation 46 of SEBI (LODR) Regulations, 2015. The company acknowledged that while some disclosures were already present, others required updating or uploading to their website. Following a comprehensive review, the company confirmed that all requisite disclosures were uploaded and the website was fully compliant as of July 15, 2026. This is a procedural filing addressing administrative gaps in public disclosures.

• Confirmed full compliance with Regulation 46 of SEBI (LODR) Regulations, 2015
• Updated website link submitted to BSE Listing Centre on July 15, 2026
• Comprehensive review conducted following BSE email observations
• Official response filed with the exchange on July 17, 2026

Hindustan Adhesives Ltd has announced a change in its board composition effective July 14, 2026. Mr. Anil Mathur, a professional with 40 years of experience in finance, taxation, and governance, has been appointed as an Additional Independent Director for a five-year term. This follows the resignation of Mr. Amit Sharma from the same role, who cited an inability to devote sufficient time due to other business engagements. The transition appears to be a routine board refreshment with no immediate impact on company operations.

• Appointment of Mr. Anil Mathur as an Independent Director for a term of 5 years starting July 14, 2026.
• Mr. Anil Mathur brings 40 years of senior management experience in finance, accounting, and legal regulatory requirements.
• Resignation of Mr. Amit Sharma effective from the close of business hours on July 14, 2026.
• The new appointee, Mr. Anil Mathur, holds 0 shares in the company as of the appointment date.
• The board meeting for these approvals was conducted within a 30-minute window (5:00 PM to 5:30 PM).