AKG Exim Limited has reported the cessation of its Secretarial Auditor, Mr. Kundan Kumar Mishra, effective May 30, 2026, due to his demise. The disclosure was filed with the National Stock Exchange of India Limited (NSE) on August 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This event creates a casual vacancy in the office of the Secretarial Auditor, requiring the Board of Directors to appoint a successor to ensure continued compliance with statutory audit requirements.

The company received formal information regarding the demise from Mr. Mishra’s family members on August 3, 2026, accompanied by a death certificate dated May 30, 2026. The filing cites specific regulatory frameworks, including SEBI Master Circulars and subsequent circulars dated July 13, 2023 (SEBI/HO/CFD/CFD- PoD-1/P/CIR/2023/123), November 11, 2024 (SEBI/HO/CFD/PoD2/CIR/P/0155), and December 31, 2024 (SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185). These regulations mandate timely disclosure of changes in key managerial personnel and auditors to maintain transparency for investors.

Details of Cessation

The filing provides specific details regarding the former auditor’s tenure and contact information prior to his passing. Mr. Mishra operated through his firm, M/S Kundan Kumar Mishra & Associates, located in New Delhi.

The Board of Directors and management have expressed sincere appreciation for Mr. Mishra’s contributions during his association with the company. They also conveyed heartfelt condolences to his bereaved family. As per standard corporate governance practices, the company must now initiate the process to fill the casual vacancy in accordance with the Companies Act, 2013, and SEBI guidelines.

Regulatory Compliance Context

The disclosure underscores AKG Exim Limited’s adherence to SEBI’s listing obligations. Regulation 30 requires listed entities to disclose material events that may impact the stock price or investor decisions. The death of a statutory or secretarial auditor is considered a material event due to its implications for corporate compliance and audit continuity. The company’s prompt filing, within days of receiving official confirmation, aligns with regulatory expectations for transparency. Investors should monitor future announcements for the appointment of a new Secretarial Auditor to resume regular audit functions.

Promoter Kalapi Vinit Nagada has pledged 38,00,000 shares of AKG Exim Ltd , representing 11.96% of the company's total equity capital. The shares were pledged in favor of ESAAR (India) on July 9, 2026, according to a disclosure submitted to the National Stock Exchange of India Limited (NSE) on July 13, 2026.

The filing was made pursuant to Regulation 31(1) and Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure details the creation of encumbrance over the equity shares of the target company.

Prior to this transaction, the promoter held 41,58,862 shares, amounting to 13.09% of the total share capital, with no shares previously encumbered. The recent pledge covers a significant portion of the promoter's total holding, leaving a post-event encumbered balance of 3,58,862 shares, or 1.13% of the total share capital.

The following table outlines the specifics of the shareholding and the encumbrance event:

The disclosure confirms that the diluted share capital percentage remains consistent with the total share capital percentage for both total and encumbered holdings. The promoter has requested the exchange to place this information on record.