1. Appointment of Mr. Pardha Saradhi Nooney as the Chief Procurement Officer of the Company with effect from May 12, 2026, in the category of Senior Management Personnel. 2. Re-appointment ....
BIRLANU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BirlaNu Limited (formerly HIL Limited) reported its FY2026 standalone results with revenue of Rs. 2,42,653 lakhs, a marginal increase from Rs. 2,38,958 lakhs in FY2025. However, the company posted a net loss of Rs. 1,404 lakhs compared to a profit of Rs. 5,359 lakhs in the previous year, largely due to exceptional items including Rs. 7,420 lakhs provision for diminution in investment in subsidiary BirlaNu International GmbH. The Board recommended a final dividend of Rs. 15 per share (150%) for FY2026, subject to shareholder approval. Key appointments include Mr. Pardha Saradhi Nooney as Chief Procurement Officer (effective May 12, 2026) with 23+ years of supply chain experience. The company also re-appointed Ernst and Young LLP as internal auditor and S.S. Zanwar & Associates as cost auditors for FY2026-27. Notable events include the NCLT-approved amalgamation of 5 entities (effective April 5, 2024) and acquisition of Clean Coats Private Limited in November 2025 for Rs. 11,322 lakhs.
The stock may face short-term pressure due to the net loss in FY2026, but the recommended dividend provides some support for shareholders. The new CPO appointment signals focus on strengthening supply chain operations. The amalgamation and acquisition are expected to expand the pipes and construction chemicals segment going forward.