KG Denim Ltd

AGM details

• Date and time: 29 September 2026, 4:00 PM IST.
• Mode: Video Conferencing / Other Audio-Visual Means (OAVM).

Resolutions put to vote

• Adoption of audited financial statements (standalone and consolidated) – Ordinary.
• Re-appointment by rotation of a director – Ordinary.
• Re-appointment of Managing Director – Ordinary.
• Re-appointment of another director for a further term – Ordinary.

Voting results

• Outcome not disclosed in the provided excerpt.

Dividend

• Dividend details not stated in the excerpt.

Director changes

• Directors re-appointed by rotation and MD re-appointed; another director re-appointed for a three-year term.

Auditors

• No auditor changes disclosed in the excerpt.

Related party transactions

• No material related party transactions disclosed in the excerpt.

Other material approvals

• No additional material approvals disclosed in the excerpt.

KG Denim Ltd - Trading Window Closure

AGM and annual report access

• 34th AGM scheduled for 29 September 2026 at 4:00 PM IST via VC/OAVM.
• FY 2025-26 Annual Report accessible online via provided link.
• Email address registration missing; shareholders urged to register KYC details.
• Weblink for the annual report: http://www.kgdenim.com/investors-page/annual-reports/.

Financial snapshot

• Standalone revenue from operations: 4,062.56 lakh; PAT: 142.66 lakh; EPS: 0.56.
• Consolidated revenue from operations: 4,203.60 lakh; Consolidated PAT: -195.10 lakh.
• Dividends declared: none.
• Standalone EPS: 0.56; Consolidated EPS: -0.02.
• Net cash and cash equivalents at year-end: 15.50 lakh.
• Promoter/promoter group stake: 58.74% as of 31-03-2026.
• Total borrowings (group): 28,539.52 lakh as of 31-03-2026.

Debt & liquidity

• Total borrowings: LT 19,429.26; ST 9,110.26; total 28,539.52 lakh.
• No undrawn borrowing facilities remained at year-end.
• RBI natural calamity loan restructuring: 7% dissenting lenders; NBFC 625 lakh not participating; repayments began June 2026.
• Non-core assets sold: Rs 36.20 crore realized; further Rs 22 crore expected by year-end (~Rs 50 crore total).
• Liquidity profile: year-end cash balance 15.50 lakh.

Governance & leadership

• Balakrishnan redesignated as Non-Executive Chairman from 04 Aug 2026.
• CFO change: Ramaprabha S resigned 13 Feb 2026; Balaji appointed 12 May 2026.
• MD B Sriramulu reappointed for 3 years from 3 Nov 2026.
• R Selvakumar reappointed Whole-time Director for 3 years from 7 Aug 2026.
• Jaganmohan Ramachandran reappointed Independent Director for 3 years from 14 Feb 2027.
• Board size: nine directors with five independent directors.

Related party transactions

• Material RPT with Sri Kannapiran Mills Limited up to Rs 25 crore.
• Material RPT with Trigger Apparels Limited up to Rs 20 crore.
• Omnibus approvals for material RPTs valid until next AGM.
• RPT disclosures and related-party interests summarized in AGM documentation.

Subsidiaries & developments

• Trigger Apparels turnover Rs 2,344.84 lakh; loss Rs 139.01 lakh.
• KG Denim USA Inc turnover Nil; net loss Rs 4.30 lakh.
• Subsidiaries: Trigger Apparels Limited (75%); KG Denim USA Inc (100%).

Audit & internal controls

• Statutory auditors: MDS & Associates LLP; five-year term to 2027.
• Independent auditor’s report includes CARO qualifications for KG Denim Ltd.
• Internal financial controls deemed adequate and operating; annexure references provided.
• Foreign subsidiary (KG Denim USA) not audited in standalone; consolidated reliance on management-certified numbers.

Outlook & risk

• Exports influenced by tariff wars and geopolitics; India pursuing FTAs.
• Focus on new fabrics: FR, anti-bacterial, medical wear; up to 40% of production targeted.
• Supply chain and working capital constraints persist amid market headwinds.

Capital & shareholding

• Promoter group stake: 58.74%; Kannapiran Mills Limited 12.74%; B Sriramulu 13.49%; Balakrishnan 5.20%.
• Total issued shares: 2,563.78 lakh; 37,400 forfeited shares (restated).

CSR & governance notes

• CSR provisions not applicable for 2025-26.
• Company adheres to SEBI LODR governance requirements; CSR policy disclosed on website.

Filing contents

• Issuer: KG Denim Ltd; no meeting date, time, venue, or agenda details disclosed.

Leadership changes and director appointments

• K.G. Balakrishnan redesignated from Executive Chairman to Non-Executive Chairman, effective 4 August 2026.
• B. Sriramulu re-appointed Managing Director for three years from 3 November 2026, subject to AGM approval.
• R. Selvakumar re-appointed Whole-time Director for three years from 7 August 2026, subject to AGM approval.
• Appointments subject to members' approval at the ensuing AGM.
• Not debarred from director positions by SEBI or any statutory authority.

Executive post demission

• K.G. Balakrishnan dissents from continuing as Executive from 4 August 2026; will remain Non-Executive Chairman.

Meeting Details

• Date: 4 August 2026; Time: not disclosed; Location: not disclosed.

Key Agenda Items

• Re-appoint KG Baalakrishnan as Executive Chairman for three years from 3 November 2026.
• Re-appoint B Sriramulu as Managing Director for three years from 3 November 2026.
• Re-appoint R Selvakumar as Whole-time Director for three years from 7 August 2026.

Other Notes

• Notice posted on company website under Regulation 46.