Kaka Industries Limited appointed Shreya Sancheti as an Additional Non-Executive Independent Director effective October 12, 2026. This governance update coincides with the company's strategic move to upgrade its stock exchange listings.

The Board of Directors approved the migration of equity shares from the SME Platform of the Bombay Stock Exchange (BSE) to the BSE Main Board. Additionally, the company plans to list and trade its equity shares on the Main Board of the National Stock Exchange of India (NSE). These actions aim to enhance liquidity and visibility for shareholders.

Governance and Listing Updates

The appointment of Sancheti brings specialized expertise to the boardroom. She is a Company Secretary with over six years of experience in corporate governance, secretarial practice, and regulatory compliance. Her profile includes practical exposure to finance, foreign exchange, and international banking transactions, offering a multidisciplinary perspective on business operations.

The board meeting concluded on October 12, 2026, at 5:30 pm. All decisions, including the director appointment and listing migrations, remain subject to approval by shareholders, stock exchanges, and relevant regulatory authorities. A notice for a postal ballot will be issued to members shortly to secure these approvals.

Key Board Decisions

Sancheti is not related to any existing directors of the company and has no debarment orders from securities regulators. Her appointment aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring robust corporate governance standards as the company transitions to larger market platforms.

Kaka Industries Limited shareholders unanimously approved the adoption of audited standalone financial statements for the fiscal year ended March 31, 2026, during its seventh Annual General Meeting (AGM) held on September 30, 2026. The meeting, conducted via video conferencing, also saw the reappointment of a director liable to retire by rotation.

The voting process was overseen by a practicing company secretary in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders exercised their rights through remote e-voting between September 27 and September 29, 2026. The results were declared following the unblocking of votes on September 30, 2026.

Voting outcomes for ordinary business

The first resolution concerned the receipt, consideration, and adoption of the company's audited standalone financial statements, along with the reports of the Board of Directors and the auditor for FY26. All votes cast were in favor of this resolution, with no members voting against or abstaining.

The second resolution addressed the reappointment of Prabhaben Rajeshbhai Gondaliya (DIN: 06851276) as a director liable to retire by rotation. While the resolution passed with overwhelming support, a single member voted against it.

Special business and cost auditor remuneration

Under special business, shareholders ratified the remuneration of the cost auditor for the financial year 2026-27. Similar to the first resolution, this item received unanimous support from all participating shareholders, with no dissenting votes recorded.

What the numbers show

The voting data reveals a highly concentrated shareholder base with minimal dissent. For the director reappointment, only 1,500 shares out of nearly 89.7 lakh shares voted against, representing just 0.02% of the total valid votes cast. This indicates strong alignment among the participating shareholders regarding the company's governance and financial reporting for FY26.