HLE Glascoat Share Price Today

HLE Glascoat transfers German unit stake to simplify structure

HLE Glascoat transferred 100% stake in HLE Surface Technologies GmbH to HLE International S.à.r.l. The transaction occurred between two wholly owned subsidiaries, Thaletec GmbH and HLE International S.à.r.l. The restructuring aims to rationalize and simplify the overall group structure. No benefits accrue to the promoter, promoter group, or other group companies from this transfer.

HLE Glascoat 35th AGM resolutions pass with 69.24% votes polled

All five resolutions at HLE Glascoat's 35th AGM held on September 30, 2026 were passed with near-unanimous shareholder support. Total votes polled stood at 4,80,86,987, representing 69.235% of total outstanding shares of 6,94,54,739. A dividend of ₹1.10 (55%) per equity share of face value ₹2 for FY26 was approved. Reappointment of Harsh Patel as Director and continuation of Yatish Parekh as Independent Director upon attaining age 75 were both approved. Scrutinizer's report was issued by Nimish Mehta of N.M. & Co. on October 1, 2026.

HLE Glascoat appoints Amit Kalra as CFO effective September 25, 2026

Amit Kalra appointed as CFO effective September 25, 2026. Brings 22 years of experience in corporate transformation and P&L management. Role designated as Key Managerial Personnel under SEBI LODR regulations.

HLE Glascoat promoter Nilesh Patel gifts 10% stake to son Aalap

Aalap Nilesh Patel acquired 10% stake (69.45 lakh shares) via gift from father Nilesh Khushalbhai Patel. Transaction executed on September 10, 2026, disclosed under SEBI Takeover Regulations. Total promoter group holding remains unchanged at 65.65%. No open offer required as transfer is between immediate relatives.

HLE Glascoat files FY26 BRSR report citing ₹7,231 crore revenue

Revenue from operations rose to ₹7,231.15 crore in FY26 from ₹5,510.69 crore in FY25. Total energy consumption increased to 1,18,980 GJ, with renewable share rising to 8,560 GJ. Scope 1 and Scope 2 greenhouse gas emissions totaled 17,034.85 metric tonnes CO2e. Waste generation doubled to 1,275.95 metric tonnes, with 100% recovery through recycling or reuse. Permanent employee turnover rate declined to 23% from 27% in the prior year.

Hle Glascoat wins Rs 20.56 crore order from FLC Portals Group for cladding panels

Hle Glascoat wins a confirmed Rs 20.56 crore work order from FLC Portals Group I/S, Denmark, for vitreous enamel cladding panels. The order covers only 6% of average quarterly revenue, with no other recent wins disclosed, resulting in minimal backlog coverage. Quarterly profitability is volatile, with OPM swinging between 5.49% and 10.82% over the last three quarters. Annual revenue grew 30.7% YoY in FY26, but net profit fell 19.7%, highlighting margin pressure. Current ratio of 1.19x signals tight liquidity, requiring monitoring of working capital execution.