HEG Limited has informed the Exchange about Appointment Of Cost Auditor, Internal Auditor And Tax Auditor
HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HEG Limited's Board Meeting on April 29, 2026 approved multiple items including audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone revenue grew to Rs 2,568.50 crore (up from Rs 2,152.71 crore), while standalone PAT stood at Rs 246.40 crore. Consolidated PAT was Rs 288.86 crore with EPS of Rs 9.36. The Board recommended a final dividend of Rs 3.40 per equity share (face value Rs 2). Auditors were appointed: M/s N.D. Birla & Co. as Cost Auditor, M/s S.L. Chhajod & Co, LLP as Internal Auditor (both for FY 2026-27), and M/s SCV & Co. LLP as Tax Auditor (for FY 2025-26). The Board also approved creation of security (pledge of 51% equity shares of TACC Limited) for credit facilities of up to Rs 239 crore being availed by the wholly-owned subsidiary TACC Limited from State Bank of India. Auditors issued unmodified opinion on the financial results.
Strong financial performance with revenue growth of ~19% and robust PAT growth. The dividend recommendation and clean audit opinion are positive signals for shareholders. Support for subsidiary TACC Limited indicates ongoing investment in the group structure.