HAPPYFORGEBSEHappy Forgings LtdHighNeutral
Announced Thu, 21 May · 16:17 IST

outcome of BM

HAPPYFORGE · price

Loading chart…

▲ 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
-5.0%1-day move
₹1452.00
prior close
₹1478.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-1.7-3.2-5.7-5.0-4.3-2.2-4.9-2.2-3.2-7.1+7.1+9.8
Up moveDown movePending
AI summary

Happy Forgings Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026 with an unmodified (clean) audit opinion from S.R. Batliboi & Co. LLP. The Board recommended a final dividend of Rs. 4 per equity share (face value Rs. 2) for FY 2025-26, subject to shareholder approval at the 47th AGM on July 27, 2026. The company expanded its planned solar power project capacity from 25 MW to 35 MW AC, increasing the investment outlay from Rs. 120 crores to Rs. 170 crores for captive consumption. New appointments include KPMG as Internal Auditors and Rajan Sabharwal & Associates as Cost Auditors for FY 2026-27. Ms. Megha Garg was re-appointed as Whole-time Director and Mr. Ravindra Pisharody as Independent Director for further terms.

Likely market impact

Clean audit results with no qualifications indicate financial health. Dividend payout and solar project expansion signal continued investment in operational efficiency and shareholder returns. The stock will see trading window reopening 48 hours after results announcement.