Kajal Synthetics & Silk Mills Ltd

Kajal Synthetics & Silk Mills Ltd trading window closed from 1 October 2026 till 48 hours after dissemination of unaudited September 2026 results for the second quarter and half-year ended 30 September 2026

AGM details

• AGM held on Saturday, 26 September 2026 at 3:30 PM at 29 Bank Street, Fort, Mumbai.
• Mode: physical meeting with remote e-voting facility.
• Record date for voting entitlements: 18 September 2026.
• Remote e-voting window: 23–25 September 2026.
• Poll voting conducted at AGM on 26 September 2026.

Key resolutions

• Adopt financial statements and reports for year ended 31 March 2026.
• Re-appointment of director by rotation: Mr. G.M. Loyalka.

Voting outcomes

• Adopt financial statements: passed, 100% in favour via poll.
• Director appointment: passed, 100% in favour via poll.
• Total votes cast: 1,977,000 in favour; 0 against; 0 invalid.
• Poll results: 100% in favour for both resolutions.

Director changes

• Director G.M. Loyalka retires by rotation and offers re-appointment.

Auditors

• No auditor appointments or changes disclosed.

Material related party transactions

• No material related party transactions disclosed in the filing.

Other material approvals

• No other material approvals disclosed.

AGM details

• AGM held on 26 September 2026 at 3:30 PM in person at the registered office.
• Remote e-voting offered; record date 18 September 2026; voting window 23-25 September 2026.
• Mode: in-person with remote e-voting; voting by poll at meeting.

Key resolutions and results

• Ordinary resolution: Adoption of audited standalone and consolidated financial statements; passed 100%.
• Ordinary resolution: Re-appointment of director retiring by rotation; passed 100%.

Dividend

• Dividend not proposed.

Director changes

• Director changes: Re-appointment of director by rotation approved.

AGM details

• Date: 26 September 2026; Time: 3:30 pm; Mode: physical at registered office.

Key resolutions

• Adopt Audited financial statements for FY ended 31 March 2026.
• Appoint G. M. Loyalka as Director retiring by rotation.

Voting results

• Resolutions were put to vote; outcome not disclosed in the document.

Upcoming payments

• No interest, principal, or dividend payments due in October–December 2026 quarter.

AGM & Notice

• 38th AGM on 26 September 2026 at 3:30 PM.
• Ordinary business: adopt standalone and consolidated financial statements.
• Reappointment of G. M. Loyalka by rotation.
• Register of Members closed 20–26 Sep 2026; cutoff 18 Sep.

E-voting & Proxy

• E-voting window 23–25 Sep 2026; remote cutoff 18 Sep.
• Scrutinizer: M/s Girish Murarka & Co.

Standalone highlights

• Investments in equity shares: Rs 4,294.95 lakhs as at 31 Mar 2026.
• Borrowings: Rs 2,105.00 lakhs; other financial liabilities: Rs 178.78 lakhs.
• Net loss after tax: Rs 240.01 lakhs; Basic EPS: Rs -12.05.
• Negative net owned funds: Rs 1,510.97 lakhs under RBI 45-IA.
• Remuneration to KMP: Rs 31.76 lakhs.
• Salaries to MD Rs 28.16 lakhs; CS Rs 3.60 lakhs.
• Dividend not declared during the year.
• Share of net loss from associates: Rs 0.48 lakhs.

Audit observations

• Key audit matter: investments measured as cost, FVTPL, or FVTOCI.
• Fair value uses Level 1/2 inputs; Level 3 for associates.
• Material going concern uncertainty.
• NBFC certificate; negative net owned funds.

Related party & governance

• Related parties include Benhur, Five Star, Mragya, Pick-Me-Quick, Park Avenue Eng Ltd.
• Remuneration to KMP disclosed; MD and CS totaling Rs 31.76 lakhs.
• Loans to directors: Nil.

Regulatory & risk

• CSR not required under Section 135.
• No deposits from the public; not a Nidhi or CIC.
• Capital management aligned with RBI requirements.

Consolidated highlights

• Consolidated share of net loss from associates Rs 0.48 lakhs.
• Consolidated comprehensive income from associates Rs 11.51 lakhs.
• Associates: Park Avenue Eng Ltd 44.11%, Five Star Trading 47.05%.

AGM Details

• Date and time: 26 September 2026 at 3:30 PM; Physical meeting at Registered Office, Mumbai.
• Register of Members closed from 20 to 26 September 2026; cutoff date 18 September 2026.

Key Resolutions

• Adopt audited standalone and consolidated financial statements for year ended March 31, 2026, and reports.
• Re-appoint director G. M. Loyalka, who retires by rotation.

Director Changes

• Director G. M. Loyalka to be re-appointed; tenure and finance experience noted.

Meeting Details

• Date: 18 September 2026; time not disclosed; location: registered office.

Key Agenda Items

• To approve the Board's Report on standalone and consolidated financial statements for year ended 31 March 2026.
• To decide day, date, time and place of 38th AGM and to approve the Notice for 43rd AGM.
• To decide the date for closure of Register of Members for 38th AGM and for e-voting dates.
• To appoint the Scrutinizer for the voting results of 38th AGM.

Other Notes

• No additional material notes disclosed in the filing.