Hil will hold a meeting of the Board of Directors of the Company on 7 May 2024.Powered by Capital Market - Live News

HIL has completed the acquisition of Crestia Polytech for a cash consideration of Rs 158.44 crore. The company also completed the acquisition of its group entities being Topline Industries, Aditya Polytechnic and Prabhu Sainath Polymers has also been completed. However, the completion of acquisition of Aditya Industries has not been completed since the conversion of said partnership firm into private limited company is under process till the date of this disclosure, and the acquisition will be completed once the conversion is occurred.Powered by Capital Market - Live News

Hil announced that the Board of Directors of the Company at its meeting held on 2 February 2024, inter alia, have recommended the interim dividend of Rs 15 per equity Share (i.e. 150%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net loss of Hil reported to Rs 7.18 crore in the quarter ended December 2023 as against net profit of Rs 12.53 crore during the previous quarter ended December 2022. Sales rose 2.23% to Rs 784.24 crore in the quarter ended December 2023 as against Rs 767.17 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales784.24767.17 2 OPM %2.116.47 - PBDT19.1744.41 -57 PBT-10.6417.32 PL NP-7.1812.53 PL Powered by Capital Market - Live News

Hil will hold a meeting of the Board of Directors of the Company on 2 February 2024.Powered by Capital Market - Live News