HEG Declares ₹3.40 Dividend, Approves FY26 Results & Director Continuation
HEG Limited approved audited financial results for FY26. The Board recommended a final dividend of ₹3.40 per share for FY26, subject to shareholder approval at the AGM. Shri Shekhar Agarwal's continuation as Director was approved. Security for ₹1,239 crore credit facility for subsidiary TACC Limited was approved, including share pledge.
The dividend announcement and financial results are material to investors. The security creation for a subsidiary's loan also has financial implications.
The declaration of a final dividend and approval of financial results are positive indicators for the company.
HEG Limited announced the outcome of its Board Meeting held on April 29, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026, both on a standalone and consolidated basis. Additionally, the Board recommended a final dividend of ₹3.40 per equity share for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend payout is expected within 30 days of the AGM.
Furthermore, the Board approved the continuation of Shri Shekhar Agarwal as a Non-Executive Non-Independent Director, who will be attaining the age of 75 years in FY 2027-28, subject to shareholder approval via a special resolution. The re-appointment of M/s. N. D. Birla & Co. as Cost Auditors and M/s. S.L. Chhajod & Co, LLP as Internal Auditors for FY 2026-27 was also approved. M/s. SCV & Co. LLP was re-appointed as Tax Auditor for FY 2025-26.
The Board also resolved to provide an undertaking and create security in favor of the Security Trustee on behalf of TACC Limited, a wholly-owned subsidiary, for credit facilities aggregating up to ₹1,239 crore availed from the State Bank of India. This includes a pledge of 51% equity shares of TACC Limited and a non-disposal undertaking for the remaining 49% equity shares.
An amendment to the "Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information" was also approved. The Board Meeting commenced at 1:30 PM and concluded at 5:00 PM.
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HEG Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by HEG Limited. Read the original for the full detail.