K V Toys India Limited conducted a separate meeting of its independent directors on March 30, 2026, fulfilling mandatory corporate governance requirements under Indian regulations. The meeting was held at the company's registered office in Thane and demonstrates the company's commitment to maintaining robust governance standards.

Meeting Details and Compliance

The independent directors' meeting was conducted in compliance with Section 149(7) read with Schedule IV of the Companies Act, 2013 and Regulation 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The session was held at the company's registered office located at Office No 1508 Solus Corporate Park, Hiranandani Estate Patli Pada, G.B. Road Thane-W.

Key Agenda Items Reviewed

The independent directors conducted comprehensive assessments across three critical areas of corporate governance during their meeting:

• Performance Review of Non-Independent Directors: The independent directors evaluated the effectiveness and contribution of non-independent board members
• Overall Board Performance Assessment: A holistic review of the board of directors' collective performance and functioning
• Chairperson Performance Evaluation: Assessment of the chairperson's leadership, incorporating perspectives from both executive and non-executive directors
• Information Flow Analysis: Evaluation of the quality, quantity, and timeliness of information flow between company management and the board to ensure effective decision-making

Regulatory Significance

This separate meeting of independent directors represents a crucial governance mechanism designed to ensure board independence and effectiveness. The assessment of information flow between management and the board is particularly important for ensuring that directors have access to necessary information to perform their duties effectively.

The meeting outcome was communicated to BSE Limited through Company Secretary cum Compliance Officer Heta Shah, maintaining transparency with the stock exchange and regulatory authorities. This compliance demonstrates K.V. Toys India Limited's adherence to corporate governance best practices and regulatory requirements.

K v toys India Ltd has announced a share acquisition by its promoter group, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved the acquisition of additional equity shares through open market purchase.

Share Acquisition Details

Vishal Narang, identified as a promoter of the company, acquired 10,200 equity shares on March 20, 2026, through open market purchase. This acquisition represents 0.16% of the company's total share capital and voting rights.

Promoter Group Holdings

The promoter and promoter group consists of 20 individuals, including promoters and promoter group members. Before this acquisition, the total holding of the promoter and promoter group stood at 36.63 lakh shares, representing 58.34% of the company's equity capital.

Key Promoter Holdings Before Acquisition:

Post-Acquisition Holdings

Following the acquisition, the total holding of the promoter and promoter group increased to 36.74 lakh shares, representing 58.50% of the company's equity capital. Vishal Narang's individual holding increased from 6.90 lakh shares (10.99%) to 7.00 lakh shares (11.15%).

Company Capital Structure

The company's equity share capital remains unchanged at ₹6.28 crore, divided into 62.80 lakh equity shares of ₹10 each. The shares are listed on BSE Limited. The total diluted share capital also remains the same, as there are no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The document was signed by Karan Narang, Managing Director and Promoter, on March 23, 2026, from Thane.