Happy Forgings Limited has informed the Exchange regarding Change in Auditors of the company.
HAPPYFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Happy Forgings Limited reported audited standalone financial results for Q4 and FY 2025-26 with net profit of Rs. 11,706.11 lakhs and operating cash flow of Rs. 44,469.54 lakhs. Total assets stood at Rs. 263,155.51 lakhs. The Board recommended a final dividend of Rs. 4 per equity share (face value Rs. 2) for FY 2025-26, subject to shareholder approval. Key appointments include KPMG as Internal Auditor and Rajan Sabharwal & Associates as Cost Auditor for FY 2026-27. Ms. Megha Garg was re-appointed as Whole-time Director for 5 years and Mr. Ravindra Pisharody as Independent Director for a second term. The company also expanded its solar power project capacity from 25 MW to 35 MW with revised investment of Rs. 170 crores.
The clean audit with unmodified opinion and strong cash generation signals healthy operational performance. The dividend recommendation and director re-appointments indicate stability. The solar project expansion reflects strategic investment in cost optimization.