HAPPYFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Happy Forgings Ltd held its Board meeting on May 21, 2026, approving multiple items including audited financial results for Q4 and FY26 (S.R. Batliboi & Co. LLP gave unmodified opinion), recommending a final dividend of Rs.4 per share for FY25-26, reappointing Ms. Megha Garg as Whole-time Director for 5 years (Sept 2026-2031), and reappointing Mr. Ravindra Pisharody as Independent Director for a second term (June 2027-Nov 2030). The Board also expanded the solar power project capacity from 25 MW to 35 MW AC, increasing the investment from Rs.120 crores to Rs.170 crores for captive consumption. New auditors appointed: KPMG for internal audit and Rajan Sabharwal & Associates for cost audit. Total assets grew to Rs.2,63,495.51 lakhs from Rs.2,21,164.25 lakhs. The 47th AGM is scheduled for July 27, 2026.
Positive signals include steady operations with clean audit opinion, shareholder-friendly dividend recommendation, and continued investment in renewable energy. Director reappointments indicate stability in leadership. The filing contains no negative governance signals.