K K Silk Mills Limited has submitted its Annual Report for the financial year ended March 31, 2026, alongside a notice convening its 34th Annual General Meeting. The submission includes a certification by Chief Financial Officer Naman Shah regarding the integrity of the financial statements, ensuring compliance with regulatory disclosure norms for shareholders reviewing the annual performance.

The CFO certificate, dated August 03, 2026, was issued pursuant to Regulation 17(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Naman Shah affirmed that he has reviewed the financial statements and cash flow statement for the year ending March 31, 2026. He certified that, to the best of his knowledge and belief, these statements do not contain any materially untrue statements or omit any material factors that might be misleading.

Key Certifications

The CFO’s certification covers several critical aspects of the company’s financial reporting framework:

Shah further stated that the company has evaluated the effectiveness of its internal control systems pertaining to financial reporting. Any deficiencies in the design or operation of such internal controls, if any, have been disclosed to the auditors and the Audit Committee, along with steps taken or proposed to rectify them.

Regulatory Compliance

The certificate confirms that there were no instances of significant fraud involving management or employees with significant roles in the internal control system over financial reporting. Additionally, any significant changes in internal control over financial reporting during the year have been indicated to the auditors and the Audit Committee.

What the Numbers Show

While the specific financial figures are detailed in the accompanying Annual Report, the CFO’s certification provides assurance on the reliability of the reported data. The emphasis on internal control evaluation and the absence of reported fraud or material misstatements suggests a stable governance framework for the period under review. Shareholders attending the 34th AGM will have access to these certified financials to assess the company’s operational health and strategic direction for FY26.

K K Silk Mills has temporarily suspended production operations at its manufacturing plant in Umbergaon, Valsad, following severe flooding that occurred on July 24, 2026. The disruption affects the facility located at Plot No. 406, Umbergaon Industrial Estate, where unprecedented heavy rains caused significant waterlogging. While operations at the company’s other manufacturing plants continue normally without impact, the financial implications of this incident cannot yet be ascertained because access to certain areas of the affected facility remains restricted.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III, submitted to BSE Limited on July 25, 2026. Nilesh Kantilal Jain, Whole Time Director of K K Silk Mills Limited, signed the intimation, confirming that no casualties or injuries to life have been reported. The company stated that it is currently assessing the extent of damage to plant machinery, inventory, and other assets. Production will remain suspended until necessary restoration activities are completed and a full assessment is finalized.

Incident Details and Operational Impact

The flooding resulted from a flood-like situation in South Gujarat, leading to waterlogging that restricted access to key parts of the manufacturing unit. K K Silk Mills Limited indicated that operations are expected to gradually normalize over the next few days, barring any unforeseen circumstances. However, the estimated impact on production and the quantum of loss or damage caused by the disruption have not yet been quantified.

Insurance and Assessment Process

The company confirmed that the Umbergaon site is fully covered under an insurance policy. The actual extent of the damage and the corresponding loss amount will be ascertained only after a survey is conducted. Until then, K K Silk Mills Limited cannot provide specific figures regarding property damage or production losses. The restriction on access to waterlogged areas is the primary reason for the delay in quantifying the financial impact.

What the Numbers Show

While no financial figures are available immediately, the operational continuity of K K Silk Mills Limited appears partially preserved, as other manufacturing plants are functioning normally. This suggests that the flooding event is localized to the Umbergaon facility rather than affecting the entire corporate structure. The reliance on insurance coverage mitigates immediate balance sheet risk, but the timeline for restoration will determine the duration of any revenue shortfall from this specific unit. Investors should monitor subsequent disclosures for the final survey results and the resumption date of full operations at the Umbergaon plant.