HEG Limited FY26 Audited Financials, Dividend Recommendation, and Corporate Strategy

HEG Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors recommended a final dividend of ₹3.40 per equity share for the 2025-26 fiscal year. Additionally, the company approved key appointments, including its Cost, Internal, and Tax Auditors, and secured financing arrangements for its subsidiary, TACC Limited, to support ongoing project expansion.

Financial Performance Overview

For the financial year ended March 31, 2026, HEG Limited reported ₹2,568.50 crore in revenue from operations. The company’s annual net profit stood at ₹180.72 crore. The Board has proposed a final dividend of ₹3.40 per equity share (face value of ₹2), pending shareholder approval at the upcoming Annual General Meeting.

Strategic Business Developments

HEG Limited continues to support its wholly-owned subsidiary, TACC Limited, with financing arrangements. The company has approved the creation of security in favor of the Security Trustee to secure credit facilities of up to ₹1,239 crore availed by TACC Limited from the State Bank of India. This includes a pledge of 51% of TACC Limited’s equity shares and a non-disposal undertaking for the remaining 49%.

Leadership and Governance

The Board approved the continuation of Shri Shekhar Agarwal as a Non-Executive Non-Independent Director. Furthermore, the company has re-appointed its key auditors for the upcoming fiscal cycle: M/s. N. D. Birla & Co. as Cost Auditor (FY 2026-27), M/s. S.L. Chhajed & Co. LLP as Internal Auditor (FY 2026-27), and M/s. SCV & Co. LLP as Tax Auditor (FY 2025-26).

Corporate Restructuring Updates

The company provided an update on its Composite Scheme of Arrangement. Following NCLT directives, meetings for shareholders and creditors are scheduled for May 5, 2026. Additionally, the company implemented amendments to its Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information to ensure continued compliance and transparency.

Source: BSE

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