Kaiser Corporation Ltd

Resolutions and voting results

• Resolution 1 (Special): Regularize Anchal Manoj Kumar Yadav as Director (Non-Executive & Independent).
• Outcome: Passed with requisite majority; in-favour 5,593,171 votes (99.997%), abstained 7,500 shares.
• Resolution 2 (Special): Regularize Radhika Suraj Gaud as Director (Non-Executive & Independent).
• Outcome: Passed with requisite majority; in-favour 5,593,174 votes (99.997%), abstained 7,500 shares.

Key board decisions and governance updates

• Scheme of Amalgamation of Emazing Deals into Kaiser approved; subject to shareholder, NCLT, and exchange approvals.
• Appointment of Nikhil P Chandak as Registered Valuer approved.
• Appointment of Navigant Corporate Advisors Limited as SEBI Category 1 Merchant Banker approved.
• Appointment of Asim Kumar Santara, Chartered Accountant, for pricing and net worth certificates approved.
• Authorization for filing necessary applications with stock exchanges, SEBI, and NCLT.
• 33rd AGM on Sept 28, 2026; notice approved; book closure Sept 22–28; e-voting Sept 25–27.
• Appointment of M/s Sameer Panchal & Associates as Scrutinizer for AGM voting.
• Appointment of Divya Mohta as Secretarial Auditor for five years to 2031, subject to shareholder approval.
• Appointment of P. D. Chopda & Co. as Internal Auditors.
• Proposed appointment of Ganesh & Rajendra Associates as Statutory Auditors for five years; subject to shareholder approval.

AGM Details

• 33rd AGM scheduled for 28 September 2026 at 11:30 a.m.
• Book closure from 22 to 28 September 2026 (inclusive).
• E-voting period from 25 September to 27 September 2026.
• Notice of 33rd AGM approved per draft copy.

Key Resolutions to be Voted

• Special: Approve Scheme of Amalgamation with Emazing Deals Limited, subject to NCLT and stock-exchange approvals.
• Approve appointment of Registered Valuer for merger valuation report.
• Approve appointment of Navigant Corporate Advisors Limited as SEBI Category 1 Merchant Banker for fairness opinion.
• Approve appointment of Chartered Accountant for pricing of equity shares and net-worth certificate.
• Authorize filing of applications with Stock Exchanges, SEBI, NCLT, and regulators.
• Special: Approval of AGM Notice for the 33rd AGM.
• Appointment of Scrutinizer for remote e-voting.
• Appoint Divya Mohta as Secretarial Auditor for five years, subject to shareholders.
• Internal Auditor: P. D. Chopda & Co. appointed.
• Proposed appointment of Ganesh & Rajendra Associates as Statutory Auditors for five years, subject to shareholders.

Auditors & Related Appointments

• Internal Auditors: P. D. Chopda & Co. appointed.
• Secretarial Auditor: Divya Mohta appointed for five years, subject to shareholders.
• Statutory Auditors: Ganesh & Rajendra Associates proposed for five years, subject to shareholders.

Overview

• Board approved the Scheme of Amalgamation of Emazing Deals Limited into Kaiser Corporation Limited.

Purpose & Rationale

• Consolidation of e-commerce and printing businesses to create synergies.

Key Terms & Structure

• Merger under Sections 230 to 232 of the Companies Act, 2013.
• Subject to shareholder, creditor, NCLT and stock-exchange approvals.
• Board authorized filing of applications with exchanges, SEBI, NCLT and regulators.
• Registered Valuer appointed for valuation report.
• Merchant Banker appointed for fairness opinion.
• CA appointed for pricing and net worth certificate.

Governance & Appointments

• Secretarial Auditor appointed for five-year term to 2031.
• Internal Auditor appointed: P. D. Chopda & Co.
• Statutory Auditor appointed for five-year term to 2031.

AGM & Governance Milestones

• 33rd AGM date: Sept 28, 2026 at 11:30 a.m.
• Book closure: Sept 22–28, 2026.
• E-voting window: Sept 25–27, 2026.
• Scrutinizer appointed for remote e-voting.

Status & Next Steps

• Scheme awaiting approvals from shareholders, creditors, NCLT and stock exchanges.
• Filing with stock exchanges and regulators to follow.

Promoter sale disclosure

• Promoter Prit Hi-Power Private Limited sold 279,076 Kaiser shares.
• Value of shares sold: Rs 16,93,325.19.
• Date of disclosure: 13 August 2026; trade on market via Bombay Stock Exchange.

Promoter share sale disclosures

• Prit Hi-Power Pvt Ltd sold 511,544 shares; value 31,08,95,622; disclosure 13 Aug 2026; post-hold 3,31,056 (0.63%).
• Pask Holdings Pvt Ltd sold 79,365 shares; value 4,82,348.27; disclosure 13 Aug 2026; post-hold 8,87,000 (1.69%).
• HL Rochat Engg Pvt Ltd sold 532,157 shares; value 32,34,233.41; disclosure 13 Aug 2026; post-hold 2,24,421 (0.43%).
• Amav Enterprises Pvt Ltd sold 63,815 shares; value 3,87,842.06; disclosure 13 Aug 2026; post-hold 8,00,000 (1.52%).

Promoter share sale details

• Promoter: Prit Hi-Power Private Limited disposed 944,830 Kaiser equity shares.
• Value of disposal: INR 5,761,147.20.
• Pre-disposal holding: 17,87,430 shares (3.40%); post-disposal: 8,42,600 shares (1.60%).
• Disposal executed on market around 10–11 August 2026; disclosure received 1 August 2026.

Promoter sale under Reg 7(2)

• Promoter Prit Hi-Power Private Limited disposed 11,88,667 Kaiser shares.
• Value of shares sold ₹72,71,677.11.
• Date of disclosure received: 7 August 2026.
• Post-disposal holding: 17,87,430 shares, 3.40%.
• Pre-disposal holding: 29,76,097 shares, 5.66%.
• Mode of disposal: on-market; Exchange: BSE.
• Derivatives trading by promoter group: Nil.

Promoter share sale

• Promoter Prit Hi-Power Private Limited sold 6,87,180 equity shares on market.
• Value of shares sold: Rs 4,238,111.74; post-disposal holding 29,76,097 shares (5.66%).
• Disclosure received date: 7 August 2026; exchange: BSE; mode: on-market.
• Promoter's prior holding: 36,63,277 shares (6.96%).
• Intimation to Kaiser: 6 August 2026; exchange: Bombay Stock Exchange; trade: on-market.

Promoter disposals under Reg 7(2)

• Pask Holdings sold 7,50,000 shares; value INR 46,33,030.74; disclosures received August 2026.
• HL Rochat Engineering Private Limited sold 8,81,546 shares; value INR 54,45,639.88; disclosures received 6 August 2026.
• On-market disposals; exchange: Bombay Stock Exchange.
• Post-disposal holding for Pask Holdings: 9,66,365 shares, 1.84%.
• Trading in derivatives by promoters: Nil.