Hariom Pipe Industries Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

Hariom Pipe's board approved Q1 FY26 consolidated financial results. Revenue hit ₹460.96 Cr, with net profit at ₹23.60 Cr. They re-appointed M/s. Seashadri & Associates as Cost Auditors. Ansh Golas was appointed as a Whole-time Executive Director for three years, pending shareholder approval.

The Fund-Raising Committee is now the Finance & Business Development Committee, expanding its scope to strategic investments. The board also greenlit subsidiary Hariom Power and Energy to raise equity capital from external investors. Plus, they plan to increase the overall borrowing limit to ₹2000 Cr, awaiting shareholder nod.