Kakatiya Cement Sugar & Industries Limited has approved the re-appointment of Smt. Hima Bindu Myneni as an Independent Director for a second term of five years, effective from June 16, 2026, to June 15, 2031, subject to shareholder approval. The decision was taken by the Board of Directors at its meeting held on May 28, 2026, based on the recommendation of the Nomination and Remuneration Committee. The move ensures continuity in leadership as the company continues its operations in the cement and sugar sectors.

Smt. Hima Bindu Myneni has confirmed that she meets the criteria of independence under Section 149 of the Companies Act, 2013, and Regulation 16 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Furthermore, she confirmed that she has not been debarred from holding the office of Director by any order passed by the Securities and Exchange Board of India or any other authority. The disclosures regarding the re-appointment were made in accordance with Regulation 30 of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Profile and Relationships

Smt. Hima Bindu Myneni is a Fellow Member of the Institute of Chartered Accountants of India. She brings varied experience in audit, taxation, project and financial consultancy to the role. The company disclosed that she is not related to any of the other Directors on the Board.

Re-appointment Details

The specific details regarding the re-appointment are outlined below:

Kakatiya Cement Sugar & Industries Limited reported a widened net loss of ₹2,405.67 lakh for the financial year ended March 31, 2026, as revenue declined and operational costs remained elevated. The company recorded a total comprehensive loss of ₹2,400.00 lakh for the year, with basic earnings per share standing at (₹30.95). Despite the losses, the Board of Directors recommended a dividend of ₹3 per share, subject to shareholder approval.

The company's revenue from operations for FY26 stood at ₹7,886.15 lakh, a decrease from ₹8,922.29 lakh in the previous year. Total income for the period was ₹8,675.08 lakh. Total expenses rose to ₹10,365.79 lakh from ₹11,826.18 lakh in the prior year, driven significantly by power and fuel costs which amounted to ₹4,715.01 lakh. The company also reported exceptional items amounting to ₹737.31 lakh related to wheeling charges for the year.

Financial Performance

The audited financial results for the quarter and year ended March 31, 2026, were reviewed by the Audit Committee and approved by the Board. The statutory auditors, M/s. M Anandam & Co., issued an audit report with an unmodified opinion on the results.

Segment Results

Segment-wise performance showed varied results across the company's business verticals. The Cement segment reported a revenue of ₹6,364.95 lakh but incurred a loss before tax and interest of ₹1,089.87 lakh. The Sugar segment recorded revenue of ₹1,625.93 lakh with a loss of ₹960.18 lakh. The Power segment generated revenue of ₹99.00 lakh and posted a loss of ₹305.88 lakh.

Corporate Governance and Appointments

The Board approved the re-appointment of Smt. Hima Bindu Myneni as Non-Executive Independent Director for a second term of five years commencing from June 16, 2026. Additionally, the Board approved the payment of remuneration to Shri P Veeraiah, Managing Director, for the remaining period of his tenure ending November 30, 2028. M/s. Ramanatham & Rao were appointed as Internal Auditors, and M/s. Narasimha Murthy & Co were appointed as Cost Auditors for FY 2026-27.

The 47th Annual General Meeting is scheduled for August 10, 2026, in Hyderabad. The record date for determining dividend entitlement has been fixed as August 3, 2026. The Register of Members and Share Transfer Register will remain closed from August 4, 2026, to August 10, 2026.