Hilton Metal Forging Limited Board Approves Auditor Appointment and Leadership Appointments

Hilton Metal Forging Limited Board Approves Auditor Appointment and Leadership Appointments​

Hilton Metal Forging Limited's Board of Directors has finalized key appointments for the company, including the selection of a Cost Auditor and the re-appointment of Mr. Yuvraj Malhotra as Chairman and Managing Director. The board meeting focused on strengthening the company’s operational oversight and leadership structure.

The decisions were approved during the Board meeting held on June 9, 2026.

Appointment of Cost Auditor​

M/s V. J. Talati & Co., Cost Accountants, has been appointed as the Cost Auditor for Hilton Metal Forging Limited for the financial year ending March 31, 2027.

The appointment was approved in the Board meeting on June 9, 2026. M/s V. J. Talati & Co. is noted for having experience and expertise in Cost Audit. The firm also provides guidance for the Maintenance of Cost Accounting Records as prescribed under the Companies (Cost Records and Audit) Rules, 2014, along with certification regarding Cost Records maintenance by the company.

Re-appointment of Yuvraj Malhotra​

Mr. Yuvraj Malhotra was re-appointed as Chairman and Managing Director of the Company for a period of three consecutive years. This decision was made by the Board of Directors following a recommendation from the Nomination and Remuneration Committee.

The appointment commenced on July 22, 2026, and will conclude on July 21, 2029. Mr. Malhotra holds an Engineering degree specializing in Mechanical Engineering. He brings over 40 years of experience in the Forging Industry and is well-versed with the export market for forgings and allied products, managing the day to day affairs of the Company.

Continuation of Suryakant Mayani’s Tenure​

Mr. Suryakant Mayani was approved by the Board of Directors for the continuation of his term as a Non-Executive, Non-Independent Director. This decision was made following the board meeting on June 9, 2026, and is based on him attaining the age of 75 years.

Mr. Mayani has extensive experience exceeding 45 years in areas such as assessing risks, creating alternative solutions, and developing contingency plans to meet financial and business goals. His expertise covers Treasury, Tax, Commercial, and Corporate Finance, demonstrating decisiveness and calculated risk-taking abilities.

HILTON Stock Price Movement​

Hilton Metal Forging Limited shares today edged higher, closing at ₹19.45 after gaining 0.36%. The stock traded a volume of 72,954 shares during the session.