Consideration and approval for proposal of issue of Bonus equity shares subject to the approval of members of the Company
Awaiting price reaction for this filing.
Hindusthan Insulators & Industries Ltd's Board approved a 2:1 bonus issue (2 new shares for every 1 held) worth ₹2,88,57,700, funded from Capital Redemption Reserve and General Reserves. The company also recommended a final dividend of ₹0.50 per share (25% on ₹2 face value) for FY 2025-26, payable after shareholder approval at AGM with record date June 19, 2026. Financially, total income rose to ₹34,566 Lakhs in FY2026 from ₹27,888 Lakhs in FY2025, though net profit was impacted by exceptional items including ₹4,705.30 Lakhs loss on sale of HSCL subsidiary and ₹75.18 Lakhs provision. The company's core High Tension Insulators segment contributed ₹5,128.43 Lakhs in segment profit.
The 200% bonus issue will triple the share count, improving liquidity and affordability for retail investors, though it dilutes per-share metrics. The modest dividend signals cash conservation. Improved revenue reflects strong insulator business performance despite exceptional item losses.