HLE Glascoat secured an international order worth Rs.448.53 Crore for heat exchangers for an energy storage project. Execution is expected to complete progressively by November 2028.
Value
₹448.5 Cr
Execution
Expected to be completed progressively by November 2028, subject to contractual commencement provisions.
HLE Glascoat scheduled a board meeting for November 2, 2026 to approve Q1 and H1 2026-27 financial results. The trading window for the quarter was closed from October 1, 2026.
HLE Glascoat's subsidiary Thaletec GmbH transferred its 100% stake in HLE Surface Technologies GmbH to HLE International S.à.r.l. for group structure rationalization.
HLE Glascoat Ltd held its 35th Annual General Meeting on September 30, 2026. The meeting covered routine business including the adoption of financial statements and dividend declaration.
Promoter Nilesh Khushalbhai Patel sold 69,45,474 shares (10.00% stake) to Aalap Nilesh Patel via an off-market inter-se gift transfer. This transaction reallocates promoter group holdings.
Promoter Aalap Nilesh Patel acquired 69,45,474 shares (10.00% stake) of HLE Glascoat Limited from Mr. Nilesh Khushalbhai Patel via an inter-se gift transfer.
HLE Glascoat's subsidiary received a ₹225.75 Crore order from Denmark's FLC Portals for vitreous enamel cladding panels. Execution is due by April 2030.
HLE Glascoat's subsidiary, HLE Surface Technologies, secured a Euro 20.56 million (approx. ₹224.10 Crore) contract from FLC Portals Group for enamel cladding panels.
HLE Glascoat Ltd has submitted its 35th Annual Report for FY 2025-26 as per SEBI (LODR) regulations. The document contains statutory disclosures and performance highlights.
HLE Glascoat Limited announced its 35th Annual General Meeting for September 30, 2026, including dividend declaration of Rs.1.10 per share and book closure details.
Promoter Aalap Nilesh Patel proposes to acquire 69,45,474 shares (10.00% stake) of HLE Glascoat Limited via gift from Nilesh Khushalbhai Patel, an inter-se promoter transfer.
HLE Glascoat Limited invested an additional € 1,00,000 (approximately ₹ 1.10 Crore) as capital into its Luxembourg-based wholly-owned subsidiary, HLE International S.a.r.l.
HLE Glascoat Limited has scheduled a board meeting for August 10, 2026, to approve the standalone and consolidated financial results for the quarter ended June 30, 2026.
ICRA reaffirmed HLE Glascoat's long-term rating at [ICRA]A (Stable) for Rs. 517.50 Crore facilities. A healthy Rs. 682 Crore order book supports revenue visibility.
HLE Glascoat reported FY26 consolidated revenue of INR 1,353 cr (+31.7% YoY) and PAT of INR 56.6 cr, focusing on strategic acquisitions and global expansion in engineering solutions.
HLE Glascoat Limited submitted its Annual Secretarial Compliance Report for FY 2025-26. The report by M/s. N. M. & Co. confirms zero regulatory non-compliances or fines.
HLE Glascoat delivered 31.7% FY26 revenue growth driven by acquisitions, but margins were significantly squeezed by losses at the newly acquired Thaletec and Omeras units in Germany.
HLE Glascoat reported FY26 revenue growth of 31.7% to ₹1,353cr, driven by the Omeras acquisition and strong organic growth in the Filtration and Drying segments.
HLE Glascoat reported FY26 revenue of ₹1,353.0 Crore, reflecting 31.7% year-on-year growth. The company achieved ₹56.6 Crore profit after tax, driven by robust segment performance.
HLE Glascoat re-appointed AKMK & Associates and CNK & Associates as internal auditors. Nanty Shah and Associates will continue as cost auditors for 12 months.
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