Kalyani Cast-Tech Ltd

Milestone: container trial train arrival

• On August 20, 2026, the first container trial train reached the Gati Shakti Terminal in Kachchh, Gujarat.
• The terminal is commissioned by KMT Engineering Pvt. Ltd., a subsidiary of Kalyani Cast Tech.
• Containers transported were manufactured at the Rewari plant, demonstrating end-to-end capabilities.
• Supports development of an integrated, efficient, sustainable rail freight and logistics ecosystem.
• Strengthens capabilities in container manufacturing, wagon manufacturing, cargo handling and rail logistics.

Private Freight Terminal registration

• Registration granted by Industries Commissionerate, Gujarat, for a Private Freight Terminal at Shivlakha, Bhachau, Kachchh.
• Total project cost ₹110 crore; eligible project cost ₹80 crore.
• Registration No. IC/0335/08/2026 dated 14 August 2026.
• Registration is provisional and subject to eligibility conditions and guidelines.
• Eligible for financial assistance/subsidy under Gujarat policy, subject to eligibility.
• Location: Shivlakha, Survey No-449, near NH-41, Bhachau, Kachchh, PIN 370145.
• Land area 233,304 sq m; Buildings, Plant & Machinery, and infrastructure costs outlined.
• Project total 11,000.0 lakhs; eligible 8,000.00 lakhs.
• TPQA appointment and compliance with environmental and land regulations required.

Shareholding pattern post preferential issue

• Pre-issue promoter holding: 42,70,750 shares, 59.47%.
• Post-issue promoter holding: 45,91,373 shares, 61.19%.
• Pre-issue public holding: 29,09,750 shares, 40.53%.
• Post-issue public holding: 29,12,250 shares, 38.81%.
• Total (A+B): 71,80,500 shares pre; 75,03,623 post (100%).
• Custodian (C): none; Grand Total 100%.
• EGM held on 28 July 2026; preferential issue approved by Members.
• Disclosures address Exchange observation regarding missing Percentage of Grand Total.

GCT commissioning at Shivlakha KEGS

• Western Railway approved commissioning of GCT at Shivlakha (KEGS) station for KMT Engineering Pvt Ltd.
• Alpha code KEGS and numeric code 08524078 assigned; track capacity CC+8.
• GCT to operate on non-TDB and non-EOL basis.
• Commissioning on non-interlocking basis for six months; GCT Agreement to be signed.
• Freight up to Shivlakha charged on non-through distance basis; beyond Shivlakha, siding charges apply.
• EIMWB at KEGS pending; weighment via Samkhiali (SIOB) and Adesar (AAR) per movement.
• FOIS installation pending; Samkhiali SIOB designated as nodal station for TMS; IP address provided.
• Global Customer Code KMTE; division to complete pending issues and sign GCT Agreement within six months.
• GCT temporarily opened with non-interlocked connectivity for six months from notification.

EGM objective

• Special resolution for preferential issue of up to 3,23,123 convertible equity warrants.

Resolution terms

• Basis of pricing, objects and proposed allottees to be as per Explanatory Statement.

Voting status

• Voting results to be declared within prescribed timeline.

EGM purpose

• Corrigendum updates EGM Item No.1 to approve preferential issue of Convertible Equity Warrants to promoter group.

Promoter-group allottees

• Promoter-group individuals named as Convertible Equity Warrants allottees.

Subscription intent

• Proposed allottees intend to subscribe to warrants under the issue.

Other participants

• No other promoter, promoter group, or KMP intends to subscribe.

EGM logistics

• EGM scheduled July 28, 2026 via VC/OAVM.

Corrigendum availability

• Corrigendum available on company and BSE websites.

Relation to original notice

• Corrigendum forms part of the original EGM notice.

• Certificate under Regulation 74(5) for the quarterly reporting period enclosed.

Purpose

• Approve issue of 3,23,123 convertible equity warrants on a preferential basis.
• Warrants priced at ₹582 each, up to ₹18.80 crore.
• Warrants exercisable into equity shares within 18 months.
• Allottees include promoter group and one non-promoter.

Resolution details

• Type: Special resolution for preferential issue of warrants.
• Number and terms: 3,23,123 warrants at ₹582, convertible into equal shares.
• Upfront: 25% at subscription; 75% at exercise price; 18-month exercise window.
• Allottees: promoter group and one non-promoter; total warrants 3,23,123.
• Rank: pari passu with existing shares; dematerialised; listed on BSE.
• Lock-in: as per SEBI ICDR; pre-issue holdings also subject to lock-in.
• Board may modify terms or issue PAS-4 to allottees.
• Use of proceeds: rail terminal development, working capital, general corporate purposes.
• Relevant date: price determination on 25 June 2026; post-issue pattern provided.
• Post-issue shareholding: promoters ~61.19%, public ~38.81%; no control change.

Shareholding impact

• Promoters and promoter group hold 61.19% post-issue; public 38.81%.
• No change in control expected from the preferential issue.

Governance and listing

• No board composition changes anticipated; control remains unchanged.
• Equity shares upon exercise to be listed on the existing exchanges.

Warrant issuance terms

• 3,23,123 convertible equity warrants proposed for issue.
• Warrants convert into one equity share of face value ₹10.
• Price ₹582 per warrant, including subscription and exercise.
• Total issue size ₹18.80 Cr via private preferential allotment.
• Warrants exercisable within 18 months from allotment.
• Upfront call of 25% of total issue size from allottees.
• Issue subject to regulatory approvals and members' approvals.

Meeting and eligibility

• EGM scheduled at 12:00 PM on 28 July 2026 via video conference.
• Cut-off date for voting eligibility: 21 July 2026.

Allottees and holdings

• Seven named allottees for the preferential issue.
• Post-issue holding range 0.03% to 4.87%.

Other disclosures

• Details of post-issue allocations and pre-issue holdings in Annexure A.