Appointment of Ms. Meenu Papreja as Company Secretary & Compliance Officer of the Company
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HB Portfolio's board, which met on 11 November 2025, approved the unaudited financial results for Q2 and H1 FY26 (ended 30 September 2025). On a standalone basis, the company reported a loss of Rs. 72.54 lakhs in Q2 FY26 versus a profit of Rs. 379.16 lakhs in the previous quarter, mainly due to negative revenue from operations and fair value markdowns on investments. On a consolidated basis, however, the company swung to a small profit of Rs. 7.53 lakhs in Q2 FY26 (from Rs. 219.77 lakhs in Q1) helped by contributions from subsidiaries and associates. The board also appointed Ms. Meenu Papreja (FCS 11607), a fellow member of ICSI with 9+ years of experience, as the new Company Secretary, Compliance Officer, Nodal Officer, and Senior Management Personnel effective 11 November 2025. Additionally, an interim dividend of Re. 1 per share (10% on face value of Rs. 10) was declared, with 17 November 2025 as the record date and payment to be made on or before 10 December 2025.
The Rs. 72.54 lakh standalone loss in Q2 is a noticeable negative, driven by negative operating revenue and investment-related fair value losses, though the consolidated picture remains marginally profitable. Shareholders will benefit from a 10% interim dividend, and the appointment of a new Company Secretary adds a key compliance KMP to the management team.