Outcome of the Board Meeting held on 26th May 2026
HILINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Highway Infrastructure Limited's Board of Directors met on 26th May 2026 and approved the audited standalone and consolidated financial statements for the financial year ended 31st March 2026. The Audit Committee had recommended these results prior to Board approval. The Board also appointed M/s Ritesh Gupta & Co. as Secretarial Auditor for a term of 5 years (subject to shareholder approval at the ensuing 21st AGM) and Mr. Sachin Kumar Jain, Chartered Accountant, as Internal Auditor for FY 2026-27. The auditors have given an unmodified (clean) opinion on the financial results. The company also confirmed no deviation or variation in the utilisation of IPO proceeds for the quarter ended 31st March 2026. The Board meeting lasted 4 hours.
Routine board meeting outcome with positive signals: clean audit opinion and proper IPO fund utilisation. No red flags identified. The appointment of qualified auditors (Secretarial and Internal) strengthens governance. Shareholders can expect routine financial reporting with no accounting concerns flagged by auditors.