Kings Infra Ventures Ltd

NCD allotment details

• Nineteenth tranche of unlisted secured redeemable NCDs allotted.
• Date of allotment: 17 August 2026; 2,600 NCDs at Rs 1,000 each, Rs 26 lakh, via private placement.

Financial highlights

• Consolidated revenue from operations: ₹3,044.86 lakh (₹30.45 crore) for Q1 FY27.
• Consolidated PAT: ₹215.58 lakh (₹2.16 crore) for Q1 FY27.
• Total income: ₹3,046.34 lakh; revenue from operations ₹3,044.86 lakh.
• Basic EPS ₹0.88 and diluted EPS ₹0.88 for Q1 FY27.
• Aquaculture revenue: ₹3,044.86 lakh; Aquaculture PBIT: ₹479.86 lakh.

Leadership changes

• Board approved leadership reconstitution on August 13, 2026.
• Baby John Shaji appointed Chairman; MD remuneration revised from Aug 1, 2026.
• Dr. Binoy J. Kattadiyil appointed Additional Director and Vice Chairman; strategy advisor.
• Mathevan Pillai Sivaram appointed Additional Director (Non-Executive Independent) for five years.
• Balagopalan Veliyath continued as Whole-time Director for five years on turning 75.
• Rita Shaji John and Seni Prabhakaran tendered resignations.
• Appointments subject to Members' approval at 38th AGM on Sept 28, 2026.
• Committees reconstituted: Nomination & Remuneration, Stakeholder Relationship, CSR, Debenture.

Strategic initiatives and growth plan

• Four-pillar growth: Aquaculture, Ventures, Infrastructure, Seafood; core focus on Aquaculture and Seafood.
• Proposed strategic alliance with leading integrated seafood company focusing on UK/EU markets.
• Alliance to leverage export capabilities, capacity, and know-how with minimal capital.
• Target zero-duty India-UK-EU trade, merchant-exporter arrangements, and value-added products.
• Access partner's capacity and market relationships with limited capital outlay.
• Ventures: new growth vertical with strategic collaborators.

Operational and outlook notes

• India revenue rose 22.8% YoY to ₹2,800.09 lakh.
• Export revenue fell 78.4% to ₹244.77 lakh.
• Aquaculture segment assets rose 34.6% YoY to ₹17,538.03 lakh.
• Management cites near-term export conditions, not a structural business change.

Reconstitution of Committees

• Board reconstituted four committees following resignations of two directors.
• Effective 13 Aug 2026; committees affected: Stakeholders Relationship, CSR, Nomination & Remuneration, Debenture.
• Resignees: Rita Shaji John (Non-Executive Non-Independent) and Seni Prabhakaran (Non-Executive Independent).
• Stakeholders Relationship Committee: Dr. Thirunilath Vinayakumar as Chairman; Binoy J Kattadiyil and Baby John Shaji as Members.
• CSR Committee: Baby John Shaji as Chairman; Dr. Binoy J Kattadiyil and Dr. Thirunilath Vinayakumar as Members.
• Nomination & Remuneration Committee: Dr Issac P John as Chairman; CA Mathevan Sivaram and Jyothi Vazhappallil as Members.
• Debenture Committee: Baby John Shaji as Chairman; Dr Binoy J Kattadiyil, Balagopalan Veliyath, Jyothi V M as Members.
• No financial implications disclosed.

Continuation of WTD subject to AGM Special Resolution

• Continuation of Balagopalan Veliyath as WTD upon turning 75 on 15 May 2027, subject to AGM Special Resolution.
• Board approved the continuation at the meeting held on 13 August 2026.
• Nomination and Remuneration Committee recommended continuation due to extensive experience and contribution.
• DIN 05254460; designation: Whole-time Director.
• Date of birth 15 May 1952; age 75 on 15 May 2027.
• Date of appointment / re-appointment: 13 August 2026.
• Shareholding in the Company: Nil.
• Relationships between directors: Not Applicable.
• Brief profile highlights 40+ years across Aquaculture, Infrastructure, Marketing.
• Proposal to place before Members via Special Resolution at AGM.

Resignations

• Rita Shaji John, Non-Executive Non-Independent Director, resigned effective 13 August 2026.
• Seni Prabhakaran, Non-Executive Independent Director, resigned effective 13 August 2026.
• Board accepted both resignations at its meeting on 13 August 2026.
• Rita Shaji John's resignation reason not disclosed beyond 'Resignation'.
• Seni Prabhakaran's resignation due to personal reasons.
• Seni Prabhakaran states no other material reasons beyond those in resignation letter; company concurs.
• No listed-entity directorships or board committee memberships disclosed for Seni Prabhakaran.
• No replacements or board composition changes disclosed.

Director appointments

• Board approved appointment of Dr. CA Binoy J. Kattadiyil as Additional Non-Executive Non-Independent Director and Vice Chairman.
• Appointment subject to shareholders' approval at the ensuing Annual General Meeting.
• Dr. Binoy J. Kattadiyil will also serve as strategy advisor from 13 August 2026.
• Board approved appointment of CA Mathevan Pillai Sivaram as Additional Non-Executive Independent Director.
• Appointment for Sivaram is also subject to shareholders' approval, where applicable.
• Change follows resignations of Ms. Rita Shaji John and Mr. Seni Prabhakaran.
• Disclosures confirm not debarred from directorship under SEBI regulations.
• Date of appointments and mention of Nomination & Remuneration Committee recommendations.
• Rationale for change: compliance with SEBI LODR Amendment Regulations due to resignations.
• Shareholder approvals to be sought at the ensuing AGM; disclosures attached as Annexures.

Chairman appointment and remuneration

• Board approves appointment of Mr. Baby John Shaji as Chairman from 13 Aug 2026, subject to shareholder approval.
• He will continue as Managing Director and oversee the company's overall management.
• Remuneration revision: ₹4,00,000 per month, with other benefits as approved.
• Effective date of remuneration revision is 01 August 2026.
• Annual increment of 7.5% from 1 April 2027.
• Remuneration is subject to applicable approvals and laws.
• Annexure I contains disclosure details under Regulation 30 of SEBI LODR.
• Shareholding of the director: 14,41,402 shares.
• No SEBI debarment from holding office.

Board actions

• Approved standalone and consolidated unaudited results for the quarter ended 30 June 2026.
• Approved Internal Audit Report for quarter ended 30 June 2026.
• Noted minutes of the Board Meeting dated 29 May 2026.
• Reconstituted Nomination & Remuneration, Stakeholder Relationship, CSR and Debenture committees.
• Approved convening of the 38th AGM virtually on 28 September 2026.
• Circular Resolution approved by the Board on 21 July 2026.
• Governance filings for quarter ended 30 June 2026 completed.

Management changes

• Appointed Baby John Shaji as Chairman; remuneration revised to 4,00,000 with 7.5% increment from 01 Aug 2026.
• Appointed CA Binoy J. Kattadiyil as Additional Non-Executive Director; designated Vice Chairman.
• Appointed CA Mathevan Pillai Sivaram as Additional Non-Executive Independent Director for five-year term.
• Balagopalan Veliyath to continue as Whole-time Director till age 75, subject to member approval.
• Resigned Rita Shaji John as Non-Executive Director.
• Resigned Seni Prabhakaran as Non-Executive Independent Director.
• Reconstituted committees: Nomination & Remuneration, Stakeholder Relationship, CSR, Debenture.

Strategy & focus areas

• Four focus areas: Aquaculture, Ventures, Infrastructure, Seafood.
• Aquaculture expansion: increase farm area and contract farming network.
• RAS/Biofloc PoCs in discussions with aquaculture technology majors.
• Aquaculture inputs: plan for 16 CAA-approved antibiotic-free products.
• Ventures: pursue new businesses via joint ventures with strategic partners.
• Infrastructure: revive via development-led projects; land monetisation initiated (52 cents sale).
• Seafood: focus on value-added products; deepen exports and domestic markets.
• Strategic alliance with leading seafood firm targeting India-UK-EU markets.
• Alliance aims zero-duty trade and value-added products across India-UK-EU routes.
• SCDMO framework continues to guide execution across four focus areas.

Events, governance & compliance

• Board reviewed operations and prospects; MD highlighted four focus areas.
• Land monetisation via 52 cents sale; IT Park JV project in pipeline; SBJ GATES project.
• IT Park JV to be developed with a partner; SBJ GATES residential planned in Kochi.
• 38th AGM via VC on 28 Sep 2026.
• Quarterly governance filings completed for June quarter.

Meeting Details

• Date: 13 August 2026, 3:30 PM IST; Hybrid venue at Kochi corporate office (B10, 2nd Floor, Triveni Court).

Key Agenda Items

• Review unaudited standalone and consolidated financial results for quarter ended June 30, 2026.
• Review Limited Review Report accompanying the results.
• Trading window closes 48 hours after results are made public (Aug 13, 2026).

Other Notes

• Meeting to be held in hybrid mode with VC/OAVM facility.