KG Petrochem Ltd

KG Petrochem Limited: Trading Window closed from October 01st, 2026 till expiry of 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ended on September 30th, 2026

Directorate changes

• Promoter MD Manish Singhal re-appointed for 01/08/2026–31/07/2029; not debarred by SEBI; related to Prity Singhal and Gauri Kandoi.
• Promoter WTD Prity Singhal re-appointed for 01/08/2026–31/07/2029; wife of MD Manish Singhal; not debarred by SEBI.
• Chairman cum WTD Gauri Shanker Kandoi re-appointed for 01/08/2026–31/07/2029; father of MD Manish Singhal; not debarred by SEBI.
• Independent Non-Executive Director Anjal Kejriwal appointed 27/05/2026–26/05/2031; textiles background; not debarred by SEBI.

AGM Details

• AGM held on 26 August 2026 at 12:00 IST in physical mode with remote and on-site voting.
• Record date for voting: 19 August 2026.
• Scrutinizer: ARMS & Associates LLP.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adoption of audited financial statements for year ended Mar 31, 2026 — Passed.
• Resolution 2 (Ordinary): Re-appointment of director retiring by rotation — Passed.
• Resolution 3 (Special): Appointment of Manish Singhal as Managing Director — Passed.
• Resolution 4 (Special): Re-appointment of Prity Singhal as Whole-Time Director — Passed.
• Resolution 5 (Special): Re-appointment as Chairman cum Whole-Time Director — Passed.
• Resolution 6 (Special): Appointment of Anjal Kejriwal as Independent Non-Executive Director — Passed with 1 dissent.
• Resolution 7 (Special): Issuance of Corporate Guarantee to Suave Casa Ideas Private Limited — Passed with 1 dissent.

Dividend

• No dividend proposed or declared.

Other material approvals

• Corporate guarantee issuance approved in favour of Suave Casa Ideas Private Limited.

AGM Details

• Date and time: 26 Aug 2026, 12:00 IST.
• Mode: physical AGM at the corporate office.
• Voting cut-off date: 19 Aug 2026.

Key Resolutions

• Ordinary: Adopt audited financial statements for year ended 31 Mar 2026 — passed (22 assents, 1 dissent).
• Ordinary: Reappoint director by rotation — passed (22 assents, 1 dissent).
• Special: Re-appoint Manish Singhal as Managing Director — passed (22 assents, 0 dissents).
• Special: Re-appoint Prity Singhal as Whole-Time Director — passed (22 assents, 0 dissents).
• Special: Re-appoint Gauri Shanker Kandoi as Chairman cum Whole-Time Director — passed (22 assents, 0 dissents).
• Special: Appoint Anjal Kejriwal as Independent Non-Executive Director — passed (22 assents, 1 dissent).
• Special: Issue corporate guarantee to Suave Casa Ideas Private Limited — passed (15 assents, 1 dissent).

Material Related Party Transactions

• Corporate guarantee to Suave Casa Ideas Private Limited; value not disclosed.

Director Changes

• Gauri Shanker Kandoi re-appointed by rotation as director.
• Manish Singhal appointed as Managing Director.
• Prity Singhal re-appointed as Whole-Time Director.
• Gauri Shanker Kandoi re-appointed as Chairman cum Whole-Time Director.
• Anjal Kejriwal appointed as Independent Non-Executive Director.

AGM Details

• Date, time and venue: 26 August 2026, 12:00 PM IST, Corporate Office Jaipur.
• Mode: physical AGM with remote and on-site e-voting.
• Remote e-voting available August 23–25, 2026.
• Meeting concluded at 12:35 PM; Scrutinizer appointed for voting.
• Discussion of FY2025-26 performance and divisions contributing to revenue and profit.

Resolutions

• Ordinary: Adopt audited financial statements for year ended 31 March 2026.
• Ordinary: Re-appointment of Gauri Shanker Kandoi by rotation.
• Special: Re-appointment of Manish Singhal as Managing Director.
• Special: Re-appointment of Prity Singhal as Whole-time Director.
• Special: Re-appointment of Gauri Shanker Kandoi as Chairman cum Whole-time Director.
• Special: Appointment of Anjal Kejriwal as Independent Non-executive Director.
• Special: Issuance of Corporate Guarantee to Suave Casa Ideas Private Limited.
• Outcome pending; voting results to be declared within two working days.

Related Party Transactions

• Corporate Guarantee issuance to Suave Casa Ideas Private Limited (related party).

Director Changes

• Manish Singhal re-appointed as Managing Director.
• Prity Singhal re-appointed as Whole-time Director.
• Gauri Shanker Kandoi re-appointed as Chairman cum Whole-time Director.
• Anjal Kejriwal appointed as Independent Non-executive Director.

Financial results

• Standalone unaudited quarterly results for quarter ended 30 June 2026 taken on record.
• Limited Review Report on the results taken on record.

Meeting details

• Original date 12 Aug 2026; new date 14 Aug 2026 for the board meeting.
• Agenda: approve unaudited standalone results for quarter ended June 30, 2026 with Limited Review Report.
• Trading Window remains closed until 48 hours after results declaration.

Meeting Details

• Board meeting on August 12, 2026 at 2:00 PM IST (location not disclosed).

Key Agenda Items

• Consider and approve unaudited standalone financial results for quarter ended June 30, 2026 with Limited Review Report.

Other Notes

• Trading window closed for 48 hours after results declaration.

Financial performance

• Revenue from operations ₹31,365.62 Lakhs for FY2025-26.
• Total income ₹32,138.77 Lakhs; PAT ₹445.13 Lakhs.
• PBT ₹595.10 Lakhs; EPS ₹8.53 (basic/diluted).
• PAT declined from ₹550.82 Lakhs to ₹445.13 Lakhs YoY.
• Dividend not declared for FY2025-26.

Operations and segments

• Textile Division revenue ₹26,917.98 Lakhs; exports ₹20,794.21 Lakhs (FOB).
• Agency Division sold 8,246.06 MT polymers; ₹8,572.53 Lakhs; commission ₹41.10 Lakhs.
• Technical Textile Division revenue ₹4,406.54 Lakhs; FOB ₹178.47 Lakhs.
• CWIP: ₹510.77 Lakhs; capex focus on efficiency.
• Export earnings ₹20,972.68 Lakhs; export outgo ₹555.61 Lakhs.
• Dematerialisation level at 97.72%.

Capital structure & dividends

• Authorized share capital ₹7 Crore; paid-up ₹5.221 Crore (52.21 lakh shares).
• Total borrowings ₹8,486.90 Lakhs; debt down from ₹12,102.40 Lakhs.
• Debt-to-equity ratio 0.46; improvement from 0.67.
• Corporate guarantee of ₹3.50 Crore to Suave Casa; ₹24 Crore to Hex Exports.
• Dividend for FY2025-26 not recommended.

Governance & board changes

• Board size eight: 4 Executive, 4 Independent.
• Anjal Kejriwal appointed Independent Director from 27 May 2026.
• Vani Jain ceased Independent Director from 27 May 2026.
• Auditors: HC Bothra & Associates; Secretarial: ARMS & Associates; Internal: Arpit Vijay & Co.
• Remuneration and evaluation framework disclosed; five board committees with defined roles.

CSR & ESG

• CSR obligation 2% of average net profits; average ₹706.53 Lakhs; ₹14.13 Lakhs.
• Actual CSR spend ₹9.30 Lakhs; ongoing/other spends ₹14.53 Lakhs.
• Unspent CSR balance ₹0.40 Lakhs for set-off; balance carried as per policy.
• CSR activities include Eye Care, School Fees, IIT Chair; policy on website.

Audit, controls and risk

• Auditors reported no material qualifications; no fraud observed.
• Internal controls adequate; quarterly internal audit reports with no major weaknesses.
• Contingent liabilities include bank guarantees ₹4.4 Crore; civil/service tax matters.
• Market and FX risks disclosed; hedging and diversification strategies in place.

Outlook & risks

• Industry outlook positive; diversification and value-added products to drive growth.
• Tariff measures and raw material volatility cited as key risks.
• Long-term opportunities in artificial leather and export geographies.