The Board of Directors of the Company at their meeting held on Friday, the 30th day of January, 2026, inter alia, considered and approved following Agenda Items: 1. Re-appointment of Mr. ....
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Him Teknoforge's board approved the re-appointment of Mr. Vijay Aggarwal as Managing Director for another 3-year term starting January 31, 2026, signalling leadership continuity. The company posted strong Q3 FY26 results, with revenue from operations rising about 23% year-on-year to Rs. 10,857.76 lakhs and profit after tax more than doubling to Rs. 304.12 lakhs from Rs. 135.01 lakhs a year ago. For the nine months ended December 2025, revenue grew to Rs. 31,568.31 lakhs and PAT to Rs. 882.60 lakhs, lifting EPS to Rs. 9.32 versus Rs. 6.75 last year. The board also cleared amendments to the MOA to add power generation activities (including for captive use), re-appointed the cost auditor, and authorised an ESOP committee. Separately, Himforge Rings LLP ceased to be a subsidiary, and the company holds a 40% stake in Dinamico Axles & Drive Wheels as an associate.
Strong Q3 earnings with PAT more than doubling year-on-year and continued leadership through the MD's re-appointment are positive signals for shareholders; the MOA amendment opens a new business avenue in power generation which could be a future growth lever.