It is hereby informed that Register of Members and Share Transfer Books of the Company will remail closed from 17th July 2026 to 23rd July 2026 ( Both Days Inclusive)
HARSHA · price
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Harsha Engineers International Limited held its Board Meeting on May 7, 2026, approving several key matters. The company reported strong FY2026 standalone results with revenue from operations of Rs. 1,22,820 lakhs (up 12.8% from Rs. 1,08,930 lakhs) and Profit After Tax of Rs. 17,680 lakhs (up significantly from Rs. 3,536 lakhs), with Basic EPS of Rs. 19.42. The Board recommended a final dividend of Rs. 1.5 per equity share (15% on face value of Rs. 10), subject to shareholder approval at the AGM. The 16th AGM is scheduled for July 23, 2026 via VC/OAVM, with Record Date fixed as July 9, 2026 and Book Closure from July 17-23, 2026. Additional approvals include appointment of new statutory auditor M/s Mukesh M. Shah & Co, approval of ESOP 2026 scheme with 18 lakh options, and reappointment of 4 independent directors for a second 5-year term.
The strong financial performance with 5x increase in PAT and positive dividend recommendation are positive signals for shareholders. The new ESOP scheme may have modest dilution impact but aligns employee and shareholder interests.