HGINFRABSEH.G. Infra Engineering LtdMediumNeutral
Announced Thu, 28 May · 20:50 IST

Reappointment of Auditors

Management Changes View source PDF

HGINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹603.25
prior close
₹602.60
base price
After-mkt
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AI summary

H.G. Infra Engineering Ltd reported audited FY2026 standalone revenue of Rs. 56,667 million (down from Rs. 60,519 million in FY2025) and profit after tax of Rs. 3,891 million (vs Rs. 5,771 million). The Board approved a final dividend of Rs. 2 per share (20%) subject to shareholder approval at the 24th AGM on August 19, 2026. Key management changes include appointment of Mr. Vikas Jain as CFO from July 13, 2026, with current CFO Mr. Rajeev Mishra transitioning to Head Investor Relations and Corporate Affairs. Mr. Janesh Kumar was appointed as CHRO from May 29, 2026. The company reappointed its internal auditors (Mahajan & Aibara LLP), cost auditors (Rajendra Singh Bhati & Co.), and tax auditors (S V Arora & Associates) for FY2026-27. Note 7 discloses CBI/ACB search proceedings with no impact on financials at this stage.

Likely market impact

Revenue and profitability declined year-on-year, though the company maintains dividend payouts. CFO transition and auditor reappointments indicate routine governance activity with no red flags.