Kalind Limited (formerly known as Arunis Abode Limited), a BSE-listed company engaged in providing heavy earth-moving and construction equipment on lease or hire, has issued a postal ballot notice dated July 30, 2026, seeking member consent through remote e-voting for two special resolutions. The notice was dispatched on August 4, 2026, through electronic mode to members whose names appear in the Register of Members as on the cut-off date of Friday, July 31, 2026.

Key Resolutions Under Consideration

The postal ballot covers two special business items, as summarised below:

Fund Raise via QIP, FCCB, and ECB

The Board of Directors, at its meeting held on July 22, 2026, approved exploring options for raising funds through permissible instruments. The proposed fund raise covers issuance of equity shares, preference shares, convertible bonds, debentures, warrants, Foreign Currency Convertible Bonds (FCCBs), Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs), and other eligible securities. The aggregate amount to be raised shall not exceed USD 65 Million (US Dollar 650,00,000) or its equivalent in Indian Rupees or any other foreign currency, in one or more tranches.

The proceeds are intended to expand the company's fleet of heavy earth-moving and construction equipment, enhance operational capabilities, and support infrastructure, mining, road construction, and civil engineering projects across India. The Board has also been authorised to offer a discount of not more than 5% on the floor price in the event of a Qualified Institutions Placement (QIP), as permitted under applicable law.

Revision of Foreign Investment Limits

The second resolution proposes to revise the permissible investment thresholds for foreign investors in the company's equity shares, as detailed below:

The revision is being proposed in view of the planned issuance of FCCBs, to enable non-resident Indians to acquire a greater extent of the equity shares proposed to be offered and to facilitate effective post-listing trading in the equity shares by non-resident investors.

E-Voting Schedule and Process

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. Key dates are as follows:

Ms. Riddhi Shah (ACS 20168; COP 17035), Practicing Company Secretary, has been appointed as the Scrutinizer to conduct the postal ballot through the remote e-voting process in a fair and transparent manner. The results will be announced within 2 working days of the conclusion of the e-voting period and will be communicated to BSE Limited, published on the company's website at www.kalindlimited.com , and uploaded on the NSDL website at https://evoting.nsdl.com .

Company Background

Kalind Limited, formerly known as Arunis Abode Limited, is a BSE-listed public company headquartered at Fourth Floor, Office No. 404, White Pearls, Near Galaxy Circle, Pal Gam, Surat, Gujarat, India 395009. The company has strategically diversified from its earlier real estate-focused activities and is currently engaged in providing heavy earth-moving and construction equipment on lease or hire, along with trained operators and fuel, to support infrastructure, mining, road construction, and other civil engineering projects across India. The postal ballot notice has been signed by Ayush Dharmendrabhai Jasani, Vice Chairman & Managing Director (DIN: 09842741).

Kalind Limited reported a sharp acceleration in profitability for the quarter ended June 30, 2026, with standalone net profit after tax rising 186% year-on-year to ₹15.02 crore from ₹5.25 crore in Q1FY26. The surge was underpinned by a 148% jump in revenue from operations, which climbed to ₹34.91 crore from ₹14.08 crore during the corresponding prior period. This performance signals a significant operational turnaround for the company, which was formerly known as Arunis Abode Limited.

The Board of Directors approved the standalone and consolidated unaudited financial results at its meeting held on July 30, 2026. The statutory auditors have issued unmodified reports on these results, confirming compliance with the Companies (Indian Accounting Standards) Rules, 2015. The company filed the intimation under Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the Bombay Stock Exchange.

Financial Performance Highlights

On a consolidated basis, net profit after tax increased 175% year-on-year to ₹14.65 crore from ₹5.32 crore. Consolidated revenue rose 143% to ₹34.36 crore. Earnings per share on a basic standalone basis stood at ₹1.23, compared to ₹17.50 in the previous year’s quarter, reflecting capital structure adjustments or share count changes not detailed in the extract but evident in the EPS divergence despite profit growth.

What the Numbers Show

The most striking aspect of Kalind Limited’s Q1FY27 performance is the disproportionate growth in pre-tax profits relative to revenue. While revenue nearly doubled (148% YoY), net profit before tax more than tripled (207% YoY), rising from ₹6.18 crore to ₹19.01 crore. This suggests significant operating leverage or improved margin dynamics in the current quarter compared to the same period last year. The effective tax rate remained stable at approximately 21%, indicating that the profit surge is primarily operational rather than driven by tax benefits.

The company’s paid-up equity share capital remains unchanged at ₹12,189 lakh. Previous period figures were rearranged or regrouped where necessary to conform to the presentation of the current period, as noted in the filing. Full financial results are available on the company’s website and the BSE portal.