Kesoram Industries Ltd

Director cessation

• Rishi Bajoria, Non-Executive Independent Director, ceased Aug 18, 2026; served Aug 6–18, 2026; appointment not regularised at AGM.

AGM Details

• AGM held on 18 August 2026 at 11:30 IST via VC/OAVM.
• Deemed venue: Registered Office, Kolkata.
• Record date for entitlements: 11 August 2026; total shareholders on record: 106,957.

Resolutions and outcomes

• Item 1: Ordinary – adoption of audited standalone and consolidated financial statements.
• Outcome: Passed with majority; dissenters: 17; invalid votes: 1.
• Item 2: Ordinary – appointment of director in place of Jikyeong Kang.
• Outcome: Passed; dissenters: 2; invalid votes: 1.
• Item 3: Special – re-appointment of Mangala Radhakrishna Prabhu as Independent Director for five years.
• Outcome: Passed; dissenters: 28; invalid votes: 1.

Dividend

• No dividend proposed or declared.

Director changes

• Re-appointment of Jikyeong Kang as director (retiring by rotation) approved.
• Mangala Radhakrishna Prabhu’s Independent Director term extended for five years.

Auditors

• No auditor appointment or change disclosed.

Related party transactions

• No material related party transactions approved.

Other material approvals

• No other material approvals disclosed.

AGM resolutions

• Audited standalone and consolidated financial statements for year ended 31 March 2026 approved.
• Jikyeong Kang to retire by rotation and seeks re-appointment.
• Special Resolution: Re-appointment of Mangala Radhakrishna Prabhu as Independent Director.
• Remote e-voting conducted; Scrutinizer to declare results and communicate them to exchanges.
• AGM conducted via video conferencing on Aug 18, 2026 from 11:30 to 12:30 IST.

KMP disclosure correction

• Correction clarifies the change is a resignation of the Company Secretary & Compliance Officer, effective August 31, 2026.
• Note the correction is typographical and does not change the board's prior decision.

Financial results approved

• Board approved standalone and consolidated unaudited results for quarter ended 30 June 2026.
• Limited Review Reports attached for both standalone and consolidated results.

Auditor reviews

• Independent Auditor's Review Reports issued unmodified opinions on standalone and consolidated results.
• Joint venture results not material to the Group.

Going concern and promoter stake sale

• Going concern basis continued due to promoter group SPA with Frontier Warehousing.
• Promoter group entered SPA to sell 42.80% stake.
• Acquirer issued financial support letter to cover near-term liabilities.

Financial impact and segment

• Group incurred Rs 2,062.83 lakh loss in quarter ended June 30, 2026.
• Results reflect lower capacity utilization and higher costs.
• Single reportable segment: Rayon, Transparent Paper and Chemicals.

Governance and compliance

• Board approved results after Audit Committee review for Regulation 33 compliance.
• Statutory auditors' review conducted under SEBI Listing Regulations.

Dematerialisation processing

• Demat Transfer Register for the reporting period sent to depositories and stock exchanges.

Destruction of dematerialised securities

• Destroyed/mutilated/cancelled all securities received from DPs after dematerialisation within the stipulated time.

Meeting Details

• Board meeting scheduled for Wednesday, 20 May 2026.
• Location not disclosed in the filing.

Key Agenda Items

• Approve audited standalone and consolidated financial results for quarter ended 31 March 2026.

Other Notes

• Trading window closure was previously announced from 1 April 2026 until 48 hours after results announcement.