BirlaNu Limited has informed the Exchange about change in Management
BIRLANU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BirlaNu Limited (formerly HIL Limited) reported a net loss of Rs. 1,404 lakhs for FY2026 compared to a profit of Rs. 5,359 lakhs in FY2025, largely due to exceptional items including Rs. 7,420 lakhs provision for diminution in investment in subsidiary, partially offset by Rs. 3,941 lakhs gain on sale of assets. Revenue from operations grew to Rs. 242,653 lakhs from Rs. 238,958 lakhs. The Board recommended a final dividend of Rs. 15 per share (150%) subject to shareholder approval. Mr. Pardha Saradhi Nooney was appointed as Chief Procurement Officer with 23+ years of experience in supply chain. The company also reappointed Ernst & Young LLP as internal auditor and S.S. Zanwar & Associates as cost auditors for FY2026-27. Key events include the acquisition of Clean Coats Private Limited (November 2025) and NCLT approval of amalgamation of five subsidiary companies effective April 2024.
The company swung to loss in FY2026 due to one-time provisions and exceptional items, but operational revenue growth and dividend declaration indicate business stability. The acquisition of Clean Coats and amalgamation may strengthen the pipes and construction chemicals segment going forward.