Kanel Industries Ltd

Financials

• Unaudited standalone Q1 2026-27 results approved; quarter ended 30 Jun 2026.
• Other income 0.06 lakh; total revenue 0.06 lakh.
• Employee benefits expense 0.45 lakh; depreciation 2.35 lakh; other expenses 5.82 lakh; total expenses 8.62 lakh.
• Profit before tax: -8.56 lakh; profit after tax: -8.56 lakh; EPS -0.05.
• Extraordinary items: 12.87 lakh booked in year-to-date FY2025-26.
• Audit committee reviewed; results approved by Board on 12 Aug 2026.

Leadership & governance

• Shagun Rathi appointed Company Secretary, Compliance Officer and CFO from 12 Aug 2026.
• Keyoor Madhusudan Bakshi redesignated CFO to CEO from 12 Aug 2026.
• Notice and Annual Report for FY2025-26 approved.

Meeting Details

• Date: 12 August 2026; Time: not disclosed; Location: registered office of the company.

Key Agenda Items

• Consider and approve standalone unaudited financial results for quarter ended 30 June 2026.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours after the results declaration.

Meeting Details

• Date: 30 July 2026; time and venue not disclosed.

Key Agenda Items

• Propose raising funds by rights issue of equity shares, subject to regulatory approvals.

Dematerialisation / Rematerialisation Status

• Dematerialisation requests processed; securities listed on the stock exchanges.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted in records within timelines.

Resolutions considered and outcome

• Special resolution to raise capital via QIP to eligible investors by issuing equity shares.
• Outcome: approved; promoter group 100% in favour; public in favour on votes polled.
• Total votes polled: 14,977,630; promoter votes: 14,962,500; public votes: 15,130.
• Voting period: June 9, 2026 to July 8, 2026.
• Promoter group not interested in the agenda.
• Remote e-voting; scrutinizer's report confirms results.

Kanel Industries Limited — Trading Window Closed from 01st July, 2026 till 48 hours after the declaration of Unaudited Financial Results for the Quarter ended on 30th June, 2026.

Financial Performance 📊

• Revenue from operations was Rs 1,575.00 lakhs in Q3 Dec 2025, flat QoQ, down from Rs 1,841.24 lakhs YoY.
• Net loss improved to Rs 9.13 lakhs in Q3 from Rs 33.82 lakhs loss in the previous quarter.
• Basic and diluted EPS were negative at Rs (0.06) per share for the quarter.
• Loss before tax was Rs 9.13 lakhs in Q3.
• Total expenses for the quarter were Rs 1,584.13 lakhs (inferred).
• No exceptional or extraordinary items reported in the quarter.

Corporate Actions & Compliance 📍

• Board approved Q3 results on February 6, 2026, in Ahmedabad.
• Paid-up equity share capital stood at Rs 1,575.00 lakhs with Rs 10 face value per share.
• Results prepared under Ind AS and underwent statutory auditor limited review.

Business Model & Segments

• Kanel Industries operates in manufacturing with standalone financials and no segment details disclosed.

Financial Performance

• Approved unaudited standalone financial results for quarter ended December 31, 2025.
• Reported loss before tax of Rs. 9.13 lakhs for the quarter ended December 31, 2025.
• Basic and diluted earnings per share were negative for the quarter.
• Paid-up equity share capital is Rs. 1575.00 lakhs with face value Rs. 10 per share.
• Results prepared as per Ind AS under Companies Act, 2013 and applicable accounting policies.
• Statutory auditors conducted limited review of the unaudited results.

Governance and Compliance

• Audit Committee reviewed and Board approved the financial results on February 6, 2026.
• No dividend declaration, capital raising, or director/auditor changes disclosed.
• No material regulatory, legal, or compliance issues reported in the meeting.

🗓️ Meeting Details

• Board meeting scheduled for February 6, 2026, at the company's registered office.

📊 Key Agenda Items

• Approval of standalone unaudited financial results for the quarter ended December 31, 2025.