outcome of BM

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HAPPYFORGE · price

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Price reactionminutes from the announcement price · days from the prior close

-5.4%Reaction day

₹1452.00

prior close

₹1478.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-5.5% vs market

Castings & Forgings peers, median of 21sector+0.1%-5.4% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.4 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-1.7

15m

-3.2

30m

-5.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.4+0.1-5.5+0.1-5.4

Next day

-5.0+1.7-6.7+0.5-5.5

-4.3+2.4-6.7+0.9-5.2

-2.2+2.4-4.6+2.0-4.2

-4.9+1.7-6.6-1.1-3.8

-2.2+0.6-2.8-0.7-1.5

-3.2+1.9-5.2+0.7-3.9

15d

-7.1+4.9-12.0+1.7-8.8

+7.1+8.9-1.8+4.6+2.5

+9.8+7.5+2.3+4.3+5.5

+51.8+13.6+38.2+13.6+38.2

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 21Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.