HP Adhesives Ltd

Executive Director Re-appointment

• Re-appointment of Ms. Nidhi Motwani as Executive Director and KMP for 2027-2030.
• Effective from February 10, 2027 to February 9, 2030, subject to AGM approval.
• Board approved on August 13, 2026 based on Nomination and Remuneration Committee recommendation.
• Profile: HP Adhesives Executive Director since 2016; BBA NMIMS; Masters SP Jain; operations lead.
• Related party: daughter of Chairperson Anjana Motwani, sister of MD Karan Motwani.
• Not debarred from director by SEBI order.
• Subject to shareholder approval at the 7th AGM.

Financial results approved

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved.

Executive Director re-appointment

• Re-appointment of Ms. Nidhi Motwani as Executive Director and KMP for 2027–2030, subject to AGM approval.

Fire incident and related losses

• Fire incident at Unit I on Jan 17, 2026; additional loss ₹89.84 lakh recognized under Exceptional items.

Auditor remarks

• Independent Review reports opinion not modified; notes uncertainty in measurement of insurance receivable.

IPO proceeds and liquidity

• IPO proceeds of ₹9,669.12 lakh fully utilised; no unspent IPO proceeds.

Segment disclosures

• Group operates in adhesives & sealants; single reportable segment; no separate segment disclosures.

Upcoming AGM

• Shareholders to approve ED re-appointment at the ensuing 7th AGM.

Governance disclosures

• Related-party disclosure: Motwani is daughter of Chairperson Anjana Motwani.
• Motwani not debarred from director role by SEBI order.

Meeting Details

• Board meeting on 13 August 2026 via Audio-Visual means; time not disclosed.

Key Agenda Items

• Approve unaudited standalone and consolidated financial results for quarter ended 30 June 2026, with Limited Review Report.
• Consider any other matter with permission of the Chair.

Other Notes

• Trading window for Designated/Connected Persons closed till 15 August 2026.

Financing/Loan Approval

• Board approved availing Working Capital Term Loan (ECLGS) of Rs 21.6 million from ICICI Bank Limited.
• Interest rate 9% per annum; tenure five years with one-year moratorium.
• Approved at board meeting held on 13 July 2026.