HP Adhesives Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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HP Adhesives Limited's board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, along with a clean limited review report from auditors Priya Choudhary & Associates LLP, with no qualifications. The board also approved the re-appointment of three Independent Directors and Managing Director Karan Motwani for a second five-year term, subject to shareholder approval at the 6th AGM. Company Secretary Ms. Jyoti Chawda resigned effective August 9, 2025, citing a new career opportunity outside the company. Statutory Auditor Priya Choudhary & Associates LLP was re-appointed for a second five-year term through FY 2030-31, and Shivam Sharma & Associates was appointed as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30. The wholly-owned subsidiary Unitybond Solutions Private Limited reported total revenue of INR 13.98 Lakhs and a small net loss of INR 1.41 Lakhs for the quarter.
Routine quarterly results filing with no flagged auditor concerns; however, the sudden exit of the Company Secretary and multiple re-appointments signal leadership continuity but may raise minor governance questions. Shareholders should watch the actual revenue and profit figures in the detailed Annexure I to assess Q1 performance.