Kaka Industries Claims Exemption from Annual Secretarial Compliance Report for FY26

Kaka Industries Limited has formally notified BSE Limited that it is not required to submit the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The communication, dated April 11, 2026, was signed by Whole Time Director Bhavin Rajeshbhai Gondaliya.

Regulatory Exemption Details

The company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption applies specifically to entities that have listed their securities on the SME Exchange.

Exemption Parameter:	Details
Applicable Regulation:	SEBI LODR Regulation 15(2)
Exchange Type:	SME Exchange
Financial Year:	Ended March 31, 2026
Scrip Code:	543939

Scope of Corporate Governance Exemptions

Under the SME Exchange exemption, Kaka Industries Limited is not required to comply with several corporate governance provisions. The exempted regulations include:

Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27
Clause (b) to (i) of sub-regulation 46
Para C, D and E of Schedule V

Regulatory Framework

The Annual Secretarial Compliance Report requirement falls under Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018. This was further clarified through BSE Circular No. LIST/COMP/10/2019-20 dated May 9, 2019.

The company's exemption claim is based on its listing status on the SME Exchange, which provides relief from various corporate governance requirements that apply to companies listed on the main board exchanges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.15%	-0.48%	-7.21%	-24.88%	-29.32%	+43.55%

Kaka Industries Limited has successfully completed its postal ballot process, with shareholders approving three critical special resolutions related to board appointments and management reappointments. The company disclosed the voting results and scrutinizer's report on March 20, 2026, followed by a formal disclosure to BSE Limited on March 21, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Approved Resolutions and Director Details

The shareholders approved three special resolutions through the postal ballot process, with detailed director profiles now disclosed:

Resolution No.:	Description
1	Regularisation of Additional Director Mr. Ishan Jayminbhai Parikh (DIN: 11358690) as an Independent Director
2	Re-Appointment of Mr. Rajesh Dhirubhai Gondaliya (DIN: 03454540) as Managing Director & Chairman and Fix His Remuneration
3	Re-appointment of Mr. Bhavin Rajeshbhai Gondaliya (DIN: 07965097) as Whole Time Director and Fix his remuneration

Director Appointments and Terms

Mr. Ishan Jayminbhai Parikh, a Chartered Accountant with Bachelor of Law and Bachelor of Commerce degrees, brings over 17 years of experience in finance, corporate governance and strategic planning. His appointment as Independent Director is effective from November 26, 2025, for a term of five consecutive years until November 25, 2030. He is not related to any existing directors or key managerial personnel.

Director Details:	Information
Mr. Rajesh Dhirubhai Gondaliya	Re-appointed as Managing Director & Chairman for 3 years (March 18, 2026 to March 17, 2029)
Mr. Bhavin Rajeshbhai Gondaliya	Re-appointed as Whole Time Director for 3 years (March 18, 2026 to March 17, 2029)
Family Relationship	Mr. Bhavin is son of Mr. Rajesh and Mrs. Prabhaben Gondaliya

Voting Results and Shareholder Participation

All three resolutions received overwhelming support from shareholders across different categories with a 99.97% approval rate:

Category:	Total Shares	Votes Polled	Polling %	In Favor	Against	Approval %
Promoter and Promoter Group	9546000	9046000	94.76%	9046000	0	100.00%
Public- Institutions	61000	0	0.00%	0	0	0.00%
Public- Non Institutions	4053000	640500	15.80%	637500	3000	99.53%
Total	13660000	9686500	70.91%	9683500	3000	99.97%

Voting Process Timeline

The postal ballot notice was dispatched to shareholders on February 14, 2026, with the cut-off date set as February 13, 2026. The e-voting period remained open from 9:00 am IST on February 17, 2026, to 5:00 pm IST on March 18, 2026. CS Murtuza Mandorwala of Murtuza Mandorwala & Associates served as the scrutinizer for the voting process, appointed by the Board of Directors on February 14, 2026.

Regulatory Compliance

The postal ballot process was conducted in full compliance with Section 108 of the Companies Act, 2013, and various MCA circulars including General Circular No. 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023, and 09/2024. The process also adhered to SEBI Listing Regulations and Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India. The company formally notified BSE Limited on March 21, 2026, under Regulation 30 requirements.