Kewal Kiran Clothing Ltd

Kewal Kiran Clothing Ltd – Trading window closed from Oct 1, 2026 till 48 hours after declaration of audited financial results for the quarter ended September 30, 2026

AGM Details

• Date/time/mode: 24 September 2026, 12:00 noon, via VC/OAVM.
• Cut-off date for voting rights: 17 September 2026.
• Remote e-voting window: 21–23 September 2026; AGM e-voting at meeting.

Resolutions

• Ordinary Resolution 1: Adopt standalone and consolidated financial statements.
• Outcome: Passed; 1 against, 2 abstained.
• Ordinary Resolution 2: Re-appoint Dinesh P. Jain (retiring by rotation).
• Outcome: Passed; 2 against.

Directors

• Director re-appointment: Dinesh P. Jain (DIN 00327277) to be re-appointed.

AGM Details

• 35th AGM held Sept 24, 2026 at 12:10 PM via VC/OAVM.
• Voting eligibility cut-off date: Sept 17, 2026.
• Proxy facility not applicable due to video-conference format.
• Attendance: 89 members present via video conference.

Ordinary resolutions

• Adoption of standalone and consolidated financial statements approved.
• Director by rotation re-appointment approved.

Voting outcomes

• All ordinary resolutions passed; no dissent reported.

Auditors

• No auditor appointment or change announced; existing statutory auditors attended.

Directors

• No other director changes reported; only ordinary re-appointment considered.

Content relevance

• No financial, governance, or operational updates for Kewal Kiran Clothing Ltd identified.
• Chunk comprises government tender notices unrelated to the issuer.

Subject and scope

• BRSR filed for FY ended 31 March 2026 under SEBI LODR.
• Standalone disclosures cover Principles 1–9 and CSR metrics.

Governance & ESG oversight

• Board comprises 8 directors; female directors 12.5%; KMP female 0.
• BRS Head: Chairman and Managing Director Mr. Kewalchand Pukhraj Jain; no separate committee; execs oversee.
• Subsidiaries: KK Developers Ltd 100%, Kraus Casuals Pvt Ltd 50%, WKPL 33.33% JV.

Environmental performance

• Total energy: 50,189 GJ; renewables 3,395; non-renewables 46,794; intensity 0.00000533 GJ/INR turnover.
• Scope 1: 1,979 tCO2e; Scope 2: 2,326 tCO2e; combined intensity 4.573e-7 tCO2e/INR.
• Water withdrawals: 113,539 KL; groundwater 10,038; third-party 103,501; ZLD planned at Vapi.

Social responsibility and ESG disclosures

• CSR applicability; turnover 9,414,108,000; net worth 9,253,318,000.
• Customer complaints: 1,780 in FY2025-26.

AGM details

• AGM on Sept 24, 2026 at 12:00 noon via VC/OAVM.
• Deemed venue: Registered office.
• Cut-off date for voting: Sept 17, 2026.
• Attendees may join via VC/OAVM under MCA/SEBI guidelines.

Key resolutions

• Ordinary: Adopt standalone and consolidated financial statements for year ended 31 Mar 2026.
• Ordinary: Re-appoint director retiring by rotation.

Dividend

• Board did not recommend any final dividend.

Notes

• No special business proposed for the AGM.

• Revenue from operations ₹1,212.8 crore; YoY +20.9%.
• EBITDA ₹237.9 crore; YoY +24.8%.
• EBITDA margin 19.6%.
• PAT ₹152.3 crore; PAT margin 12.3%.
• Gross profit ₹511.6 crore; gross margin 42.2%.
• Net cash ₹305 crore.
• Borrowings ₹47.9 crore.
• CRISIL AA-/Stable reaffirmed.
• KCPL became subsidiary on 18 July 2024.
• Total consideration for KCPL ₹16,359.69 lakhs (cash ₹11,650.50; deferred ₹4,709.19).

Senior Management Appointment

• Ajay Bhagwandas Thotlani appointed as Senior Managerial Personnel, Brand Head - Integriti, effective 1 September 2026.
• Term: Full-time employment.
• Profile: 17 years in fashion/lifestyle; expertise in channel, category management, merchandising.
• Reason: Designation as SMP.
• Relationship with other directors: Not Applicable.

Retirement of SMP: Dhyanesh Kumar

• Cessation of SMP: Dhyanesh Kumar retires as Retail Head, K-Lounge, effective Aug 31, 2026.
• Reason: retirement; date of cessation: Aug 31, 2026.

Meeting Details

• Date: August 07, 2026; Time: 12:00 Noon.
• Type/Mode: Virtual – group conference call.
• Event/Organizer: Earnings conference call for Q1 FY27 – all investors/analysts.
• Key participants: Joint MD; President (Retail).
• Purpose: discuss Q1 FY27 earnings results and business updates.
• Transcript: enclosed and available on KKCL website.