Highway Infrastructure CEO, MD, chairman, board of directors and AGM
NSE: HILINFRABSE: 544477Transport InfrastructureSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹54.14.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹391 Cr2,029th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 26 May 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Aug 2026
- 4.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 26 May 2026
- 0.45
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,21,97960.7% delivered
Highway Infrastructure board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorArun Kumar Jain
- Chief executiveRiddharth Jain
- Company Secretary and Compliance OfficerPalak Rathore
6 directors3 independent3 executive
- Arun Kumar Jain · Chairperson and managing directorExecutive · joined Feb 2006 · reappointed May 2023 · 1 listed board
- Anoop AgrawalExecutive · joined Feb 2006 · reappointed May 2023 · 1 listed board · 2 committee seats
- Riddharth Jain · Chief executiveExecutive · joined Mar 2024 · 1 listed board
- Ritika AgrawalIndependent · joined Jul 2024 · reappointed Jul 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Ujjwal Kumar GhoshIndependent · joined Jul 2024 · reappointed Jul 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Vinayak ParkhiIndependent · joined Nov 2025 · reappointed Nov 2025 · 7 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Om Prakash Shrivastava, left 28 Jan 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 6 Jun 20266 of 6 present3 independent · 10 days in between
- 26 May 20266 of 6 present3 independent · 60 days in between
- 26 Mar 20266 of 6 present3 independent · 19 days in between
- 6 Mar 20266 of 6 present3 independent · 6 days in between
3 earlier meetings
- 27 Feb 20266 of 6 present3 independent · 19 days in between
- 7 Feb 20266 of 6 present3 independent · 7 days in between
- 30 Jan 20266 of 6 present3 independent
Audit Committee
Chair Vinayak Parkhi
Ritika Agrawal, Anoop Agrawal
- 26 May 20263 of 3 present2 independent · 60 days in between
- 26 Mar 20263 of 3 present2 independent · 19 days in between
- 6 Mar 20263 of 3 present2 independent · 19 days in between
- 14 Feb 20263 of 3 present2 independent · 6 days in between
2 earlier meetings
- 7 Feb 20263 of 3 present2 independent · 7 days in between
- 30 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Ritika Agrawal
Ujjwal Kumar Ghosh, Vinayak Parkhi
- 6 Jun 20263 of 3 present3 independent · 10 days in between
- 26 May 20263 of 3 present3 independent · 80 days in between
- 6 Mar 20263 of 3 present3 independent · 43 days in between
- 21 Jan 20264 of 4 present4 independent
Stakeholders Relationship Committee
Chair Ujjwal Kumar Ghosh
Vinayak Parkhi, Anoop Agrawal
- 26 May 20263 of 3 present2 independent · 107 days in between
- 7 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Ujjwal Kumar Ghosh
Vinayak Parkhi, Anoop Agrawal
- 26 May 20263 of 3 present2 independent · 56 days in between
- 30 Mar 20263 of 3 present2 independent
Initial Public Offer Committee
Chair Ujjwal Kumar Ghosh
Ritika Agrawal, Vinayak Parkhi
- 26 May 20263 of 3 present3 independent · 100 days in between
- 14 Feb 20263 of 3 present3 independent
Independent director Commmittee
- 17 Mar 20263 of 3 present3 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- M/s. Anil Kamal Garg & CompanyPeer-review certificate valid to Sep 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Highway Infrastructure AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Highway Infrastructure share news and announcements
Annual general meeting, 24 Sep 2026
56,819 shareholders on the register on 18 Sep 2026; present: 4 promoters and 94 others; votes counted by Manish Maheshwari / M. Maheshwari & Associates.The company's voting result (opens in a new tab)
To review, consider and adopt a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon; b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Auditors thereon.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 74.03% · promoters 100.00% · institutions 0.00% · other public 13.49%
To appoint a director in place of Mr. Anoop Agrawal (DIN: 00006120), who is liable to retire by rotation in terms of section 152(6) of Companies Act, 2013, being eligible and offers himself for reappointment.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 74.03% · promoters 100.00% · institutions 0.00% · other public 13.49%
- To appoint M/s. Ritesh Gupta & Co. Practicing Company Secretaries as Secretarial Auditor of the Company for a first term of five consecutive years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 74.03% · promoters 100.00% · institutions 0.00% · other public 13.49%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 13 Jul 2026, 3 resolutions
59,261 shareholders on the register on 5 Jun 2026; votes counted by Manish Maheshwari / M. Maheshwari & Associates.The company's voting result (opens in a new tab)
- To consider and seek approval for insertion of Article 154A relating to waiver of right to receive dividend in the Articles of Association of the Company.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.66%
Turnout: all 74.18% · promoters 100.00% · institutions 0.00% · other public 14.01%
- To consider and seek approval for re-appointment of Mr. Arun Kumar Jain (DIN: 00006132) as Managing Director for a further term of 3 yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 74.18% · promoters 100.00% · institutions 0.00% · other public 14.01%
- To consider and seek approval for re-appointment of Mr. Anoop Agrawal (DIN: 00006120) as Whole-Time Director for a further term of 3 yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 74.18% · promoters 100.00% · institutions 0.00% · other public 14.01%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 11 Apr 2026, 2 resolutions
62,172 shareholders on the register on 27 Feb 2026; votes counted by Manish Maheshwari / M. Maheshwari & Associates.The company's voting result (opens in a new tab)
- TO CONSIDER AND SEEK APPROVAL FOR ALTERATION OF OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANY AND TO ADOPT ALTERED MEMORANDUM OF ASSOCIATION PURSUANT TO ALTERATION IN OBJECT CLAUSE:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 74.17% · promoters 100.00% · institutions 0.00% · other public 14.00%
- TO CONSIDER AND SEEK APPROVAL FOR ALTERATION IN THE CLAUSE OF ARTICLE OF ASSOCIATION OF THE COMPANY AND TO ADOPT ALTERED ARTICLE OF ASSOCIATION PURSUANT TO SUCH ALTERATIONSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 74.17% · promoters 100.00% · institutions 0.00% · other public 14.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 14 Jan 2026, 1 resolution
63,582 shareholders on the register on 5 Dec 2025; votes counted by Manish Maheshwari / M. Maheshwari & Associates.The company's voting result (opens in a new tab)
- To approve and regularize the appointment of Mr. Vinayak Parkhi (DIN: 11220908) as a Non-Executive Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 74.25% · promoters 100.00% · institutions 0.00% · other public 14.79%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax dispute1. UNION OF INDIA THR SECRETARY FINANCE DEPARTNET OF REVENUE NEW DELHI , New Delhi , DELHI 2. GOODS AND SERVICE TAX COUNCIL THR. ITS CHAIRMAN HAVING ITS OFFICE AT 5TH FLOOR, TOWER II, JANPATH ROAD , New Delhi , DELHI 3. STATE OF MADHYA PRADESH THR. PRINCIPAL SECRETARY, DEPARTMENT OF REVENUE VALLABH BHAWAN, BHOPAL , Bhopal , MADHYA PRADESH 4. STATE OF MADHYA PRADESH THR. PRINCIPAL SECRETARY, PUBLIC WORKS DEPARTMENT VALLABH BHAWAN, BHOPAL , Bhopal , MADHYA PRADESH 5. COMMISSIONER OF COMMERCIAL TAX, M.P. NEAR DISTRICT COURT , Indore , MADHYA PRADESH 6. ENGINEER IN CHIEF PUBLIC WORKS DEPARTMENT MANTRALAYA, VALLABH BHAWAN, BHOPAL , Bhopal , MADHYA PRADESH 7. CHIEF ENGINEER PUBLIC WORKS DEPARTMENT (WEST) ZONE, INDORE , Indore , MADHYA PRADESHSince 15 Jul 2019The case is pending as on June 30, 2026At the filing before: The case was last listed on 15 july 2019.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesAug 2025, checked by Infomerics Valuation and Rating Limited | 0.98 | – | – | No |