Hariom Pipe Industries Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 06:11 pm
08-08-2025 | 06:11 pm
Hariom Pipe's Board approved its Q1 FY26 consolidated financial results, with revenue at ₹460.96 Cr and net profit at ₹23.60 Cr. The board also gave the nod for its subsidiary, Hariom Power and Energy, to raise equity capital from external investors, alongside the company. To boost financial flexibility, the overall borrowing limit was increased to ₹2000 Cr, pending shareholder approval. In leadership updates, Mr. Ansh Golas was appointed as an Executive Director for three years. The Fund-Raising Committee was renamed to Finance & Business Development Committee, with an expanded focus on strategic investments.
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