Hipolin Ltd

Transaction details

• Target Company: Hipolin Ltd
• Disclosing Party: Rajasvee Sagar Shah (Promoter)
• Transaction Type: Disposal of equity shares
• Pre-Transaction Holding: 293,560 shares, 9.38%
• Transaction Details: 293,560 shares sold, 9.38%
• Mode of transaction: Open market
• Date of transaction: 20/08/2026
• Equity share capital before: 3,131,300
• Equity share capital after: 3,131,300
• Total diluted share capital: 3,131,300

Independent Director death

• Independent Director Umeshchandra P Mehta died on 31 July 2026; ceased as director from 14 August 2026.

MD resignation

• Managing Director Prafulla Gattani resigned effective 14 August 2026.

Audit Committee reconstitution

• Audit Committee reconstituted; Avni Chouhan appointed Independent Director in Audit Committee, effective 14 Aug 2026.

Nomination & Remuneration Committee reconstitution

• Shailesh J. Shah appointed to N&RC as Non-Executive Director, effective 14 August 2026.
• Avni Chouhan joins N&RC as Independent Director, effective 14 August 2026.

Meeting Details

• Date: Friday, 14 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider unaudited standalone and consolidated quarterly results for quarter ended 30 June 2026, with Limited Review Report.
• Any other items as may be decided by the Board of Directors.

Dematerialisation status

• Dematerialisation requests for the quarter ended 30 June 2026 were confirmed to depositories as accepted or rejected.
• Securities dematerialised have been listed on the stock exchanges where the issuer’s securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within prescribed timelines.

Regulatory declarations on FY2026 financials

• Declaration under Reg 33(3)(d): Stat auditors issued unmodified opinion on standalone and consolidated FY2026.
• Declaration under Reg 33(2)(a): financial results do not contain false/misleading statements or omit material facts.
• Auditor: S D P M & CO (FRN 126741W) for both standalone and consolidated results.
• Declarations submitted in compliance with SEBI LODR provisions; request to record clarification.
• Date: 30 June 2026; signed by Director Daxesh B Shah.

🗓️ Meeting Details

• Board meeting scheduled for Saturday, 14th February 2026.
• Location of the meeting not disclosed.

📊 Financial Results

• Approval of standalone and consolidated unaudited financial results for quarter ended December 31, 2025.
• Review and record of limited review report by statutory auditor for quarter ended December 31, 2025.