HP Adhesives Ltd

Dematerialisation status

• Not applicable: entire holding is in demat form; no dematerialisation/rematerialisation requests received.

HP Adhesives Ltd – Closure of trading window from 1 October 2026 until 48 hours after the Board Meeting to consider Un-audited Financial Results for the quarter and half year ending 30 September 2026

Order details

• Awarding entity: Joint Commissioner of Customs (NS-I), Nhava Sheva.
• Nature and scope: Order-in-Original on anti-dumping duty for PTFE thread seal tape imports.
• Duty amount: Rs 28,70,934 plus interest under anti-dumping provisions.
• Penalty: Rs 28,70,934 under the Customs Act, 1962.
• Redemption fine: Rs 8,50,000.
• Order date/receipt: Order dated 18 September 2026; receipt on 26 September 2026.
• Domestic: Indian customs authority; no international counterpart.
• Related party: Not a related party; no promoter group interest.
• Impact and stance: Company to contest; contingent liability; no material operational impact.

AGM Details

• AGM held 22 September 2026 at 3:30 PM IST via VC/OAVM.
• Record date 15 September 2026; 52523 shareholders on record.
• Remote e-voting 19–21 September 2026; AGM e-voting conducted.

Dividend

• Final dividend of 20% (Rs 0.40 per equity share) approved.

Resolutions & Voting

• Ordinary: Adopt FY2026 audited financials; passed with 99.9998% in favour.
• Ordinary: Declare final dividend; passed with 99.9998% in favour.
• Ordinary: Re-appoint Ms Motwani as Director by rotation; passed with 99.9840% in favour.
• Special: Re-appoint Ms Motwani as Executive Director for 3 years; passed with 99.9840% in favour.
• Special: Approve remuneration to Ms Motwani as Executive Director; passed with 99.9824% in favour.

Director Changes

• Ms Nidhi Haresh Motwani appointed as Executive Director for 3-year term.
• Ms Motwani re-appointed as Director by rotation; eligible for re-appointment.

Governance & Process

• Scrutinizer report confirms all resolutions passed by requisite majority.

AGM details

• Held on 22 September 2026 via VC/OAVM; 03:30–03:50 IST.
• Remote e-voting conducted 19–21 September 2026; results to be disclosed.

Key resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for FY2026.
• Resolution 2 (Ordinary): Declare final dividend of Rs. 0.40 per share.
• Resolution 3 (Special): Appoint Ms. Nidhi Haresh Motwani as Director, retire-by-rotation.
• Resolution 4 (Special): Re-appoint Ms. Nidhi Haresh Motwani as Executive Director for three years.
• Resolution 5 (Special): Approve remuneration to Ms. Nidhi Haresh Motwani as Executive Director.

Voting results

• Voting outcomes not disclosed in the filing; to be announced by exchanges/website.

Dividend

• Final dividend of Rs 0.40 per equity share (20%).

Director changes

• Appoints Ms. Nidhi Haresh Motwani as Director, retire-by-rotation.
• Re-appoints Ms. Motwani as Executive Director for three years.

Auditors

• No auditor appointments or changes announced.

Material related party transactions

• No material RPTs approved.

Other material approvals

• No ESOPs or other material approvals disclosed.

AGM & Annual Report

• AGM date 22 September 2026 via VC/OAVM; record date 15 September 2026.
• Annual Report FY2025-26 and AGM Notice circulated; remote evoting 19-21 September 2026.

Governance changes

• Walavalkar resigned as Independent Director effective 12 February 2026.
• Dr. Chandra Sekhar Nettem appointed Non-Executive Independent Director from 12 February 2026.

Fire incident

• Fire at Unit I on 17 January 2026; estimated loss ₹2,498.50 Lakh; insurance claim receivable recognised.
• Inventories derecognised ₹1,803.93 Lakh; net asset value destroyed ₹685.23 Lakh.

Financial highlights

• Consolidated revenue from operations ₹24,927.52 Lakh; PAT ₹697.70 Lakh; PBT ₹737.70 Lakh before exceptional items.
• Standalone revenue ₹24,866.85 Lakh; PAT ₹688.22 Lakh; EPS ₹0.75.

IPO & Dividends

• IPO proceeds utilised ₹9,669.10 Lakh with no deviation; final dividend ₹0.40/share payable upon AGM approval.

CSR overview

• CSR Committee held 1 meeting; CSR spend ₹39.27 Lakh; gross CSR obligation ₹44.22 Lakh.

AGM details and AR access

• 7th AGM scheduled for Sep 22, 2026 at 3:30 PM IST via VC/OVAM.
• Web-link access provided for Annual Report 2025-26 and AGM Notice to non-registered email holders.
• e-Voting: start Sep 19, 2026 09:00 IST; end Sep 21, 2026 17:00 IST; cutoff Sep 15, 2026.
• Physical copies of AR and AGM Notice available on request via investors@hpadhesives.com or Bigshare.