Happy Forgings Limited — Important, 17-05-2025: General Updates

Happy Forgings has announced a board meeting to consider the financial results for the quarter and half-year. The company posted strong consolidated revenue of ₹3,543 Cr and PAT of ₹184.65 Cr for FY25. A final dividend of ₹3 per share was approved. Key audit firms were reappointed, and Mr. Paritosh Kumar’s continuation as Chairman & MD beyond 70 years was approved, pending shareholder approval. Net IPO proceeds of ₹378 Cr raised in Dec 2023 have been partly used for debt repayment and capital expenditure.