Kalapi Nagada appointed director and promoter at AKG Exim

1 min read     Updated on 30 May 2026, 09:09 AM
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Kalapi Nagada has been appointed as a Director and Promoter of AKG Exim Limited, holding 41,58,862 equity shares representing a 13.09% stake. The appointment was confirmed by the board on May 27, 2026, following his initial director appointment effective May 14, 2026. The disclosure was filed with the NSE on May 29, 2026, under SEBI (Prohibition of Insider Trading) Regulations, 2015.

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Kalapi Nagada has been appointed as a Director and Promoter of akg exim , increasing the company's promoter group holding. The appointment was confirmed during a board meeting held on May 27, 2026. Nagada holds 41,58,862 equity shares, which translates to a 13.09% shareholding in the company. This disclosure was submitted to the National Stock Exchange of India Limited (NSE) on May 29, 2026, in compliance with Regulation 7(1)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Appointment Details

The board approved Nagada's appointment as a Director effective May 14, 2026, with formal approval granted on May 19, 2026. Subsequently, the board noted his status as a Promoter during the meeting on May 27, 2026. The filing details the securities held by the newly appointed promoter and director, outlining the structure of his shareholding in the company.

Shareholding Pattern

The following table details the securities held by Kalapi Nagada upon his appointment as a Promoter and Director:

Name Category Date of Confirmation Type of Securities Number of Shares % Shareholding
Kalapi Nagada Promoter, Director 27.05.2026 Equity Shares 41,58,862 13.09%

Regulatory Disclosures

The company confirmed that there is no open interest in derivative contracts held by Nagada at the time of his appointment. The disclosure, signed by Company Secretary Reeta, was submitted to the NSE to update the exchange records regarding the change in the company's promoter and director structure. The filing includes Nagada's Permanent Account Number (PAN) ADJPN9332L and Director Identification Number (DIN) 02876927.

Historical Stock Returns for AKG Exim

1 Day5 Days1 Month6 Months1 Year5 Years
+3.13%+1.95%-1.45%-3.60%-23.64%-1.54%

How will Kalapi Nagada's appointment influence the strategic direction and future growth plans of AKG Exim?

What impact will the increased promoter group holding have on investor confidence and stock performance?

Are there any potential changes in the company's management structure or operational policies expected under Nagada's leadership?

AKG Exim files Q4FY26 related party transaction disclosures

2 min read     Updated on 28 May 2026, 06:07 AM
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AKG Exim Limited filed its disclosure on related party transactions for the half-year ended March 31, 2026, with the NSE. The report details transactions such as the purchase of goods worth ₹108.65 lakh from ASRI Trade Pte. Ltd. and the sale of fixed assets worth ₹160.53 lakh to MLH Ventures LLP. Remuneration paid to key managerial personnel, including Mrs. Mahima Goel and Mr. Rajeev Goel, was also disclosed.

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AKG Exim Limited disclosed its related party transactions for the period ended March 31, 2026, in a filing submitted to the National Stock Exchange of India. The submission, made pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines financial dealings with key managerial personnel (KMP) and associated entities on a consolidated basis. The company confirmed that these transactions were reviewed by internal auditors and were conducted in the ordinary course of business at arm's length.

The filing identifies several related parties, including the holding company, directors, and entities where KMP can exercise significant influence. Key individuals listed include Managing Director Mrs. Mahima Goel, Director Mr. Rajeev Goel, and Executive Director & Chief Financial Officer Mr. Rahul Bajaj. The entities identified include M/s ASRI Trade Pte. Ltd. and M/s MLH Ventures LLP.

Transactions during the period included the sale of goods to ASRI Trade Pte. Ltd. amounting to ₹3.55 lakh and purchases from the same entity totaling ₹108.65 lakh. Additionally, the company recorded a sale of fixed assets to MLH Ventures LLP for ₹160.53 lakh and rental income of ₹0.25 lakh from the same entity. Reimbursements of expenses were also recorded, with Mr. Rajeev Goel receiving ₹1.65 lakh for legal costs.

Remuneration and benefits paid to KMP were detailed in the disclosure. Short-term employee benefits included remuneration of ₹12.90 lakh to Mrs. Mahima Goel, ₹4.80 lakh to Mr. Rajeev Goel, ₹4.02 lakh to Mr. Rahul Bajaj, and ₹2.34 lakh to Mrs. Reeta. Other long-term benefits, specifically reimbursements of traveling and other expenses, amounted to ₹1.73 lakh for Mrs. Mahima Goel, ₹0.16 lakh for Mr. Rajeev Goel, and ₹3.26 lakh for Mr. Rahul Bajaj.

The statement also provided details of related party balances as of March 31, 2026. Sundry debtors included ASRI Trade Pte. Ltd. with an amount of ₹106.75 lakh, while sundry creditors stood at ₹31.70 lakh for the same entity. Other current liabilities, including equity contribution, were recorded at ₹37.19 lakh. The company noted that certain equity contributions were pending with the AD Bank for approval of UIN from the RBI under FEMA and ODI Regulations.

Related Party Transactions

Transaction Description Party Amount (₹ Lakhs)
Sale of Goods / Services M/s ASRI Trade Pte. Ltd. (Singapore) 3.55
Purchase of Goods M/s ASRI Trade Pte. Ltd. (Singapore) 108.65
Sale of Fixed Assets M/s MLH Ventures LLP 160.53
Rental Income M/s MLH Ventures LLP 0.25
Legal Cost Reimbursement Received Rajeev Goel -1.65

KMP Remuneration

KMP Name Remuneration (₹ Lakhs) Expense Reimbursement (₹ Lakhs)
Mrs. Mahima Goel 12.90 1.73
Mr. Rajeev Goel 4.80 0.16
Mr. Rahul Bajaj 4.02 3.26
Mrs. Reeta 2.34 -

Historical Stock Returns for AKG Exim

1 Day5 Days1 Month6 Months1 Year5 Years
+3.13%+1.95%-1.45%-3.60%-23.64%-1.54%

What is the expected timeline for RBI approval regarding the pending equity contributions under FEMA and ODI Regulations?

How will the significant sale of fixed assets to MLH Ventures LLP impact AKG Exim's operational capacity in the coming fiscal year?

Are there plans to diversify the supply chain to reduce the heavy reliance on purchases from ASRI Trade Pte. Ltd.?

More News on AKG Exim

1 Year Returns:-23.64%