Kalind Ltd has shut its trading window for designated persons and their immediate relatives effective Wednesday, July 1, 2026. The closure, mandated by SEBI (Prohibition of Insider Trading) Regulations, 2015, will remain in force until 48 hours after the company declares its unaudited financial results for the quarter ended June 30, 2026. This measure is designed to prevent insider trading during the period leading up to the financial announcement.

The company's Code of Conduct requires the trading window to be closed to ensure that no insider trades occur while sensitive financial information is unpublished. The restriction applies to all designated persons within the organization and their immediate family members, aligning with regulatory compliance standards.

Board Meeting Schedule

The specific date for the Board meeting to approve the financial results for the quarter ended June 30, 2026, has not yet been finalized. The company stated that this information will be intimated in due course. Once the results are approved and declared, the trading window will reopen 48 hours later.

Kalind Limited has scheduled a remote e-voting process from June 6 to July 5, 2026, to seek shareholder approval for a 1:5 stock split and a 1:2 bonus issue. The corporate actions, approved by the board on June 3, 2026, aim to enhance liquidity and broaden investor participation by lowering the entry price. The record date for determining eligibility will be announced subsequently, while the cut-off date for the e-voting register is May 29, 2026.

Capital Structure Reorganisation

The board approved the sub-division of every one equity share with a face value of ₹10 into five equity shares of ₹2 each. Consequently, the authorised share capital remains ₹1000 crore, divided into 500 crore equity shares of ₹2 each, compared to the previous structure of 100 crore shares of ₹10 each. The paid-up and subscribed capital will adjust to 60,94,50,000 shares of ₹2 each post-split. An alteration of the capital clause in the Memorandum of Association is also proposed to reflect this change.

Bonus Issue Details

The bonus issue entails allotting one fully paid-up equity share of ₹2 for every two shares held. The company will capitalise a sum not exceeding ₹60,94,50,000 from free reserves, securities premium, and retained earnings for this purpose. The total free reserves and share premium available for capitalization stand at ₹91.07 crore. The bonus issue must be implemented within two months from the date of the board meeting, subject to shareholder approval.

Meeting and Timeline

Ayush Dharmendrabhai Jasani, Vice Chairman and Managing Director, chaired the meeting. Ms. Riddhi Shah, a Practicing Company Secretary, has been appointed as the Scrutiniser to conduct the postal ballot process. The results of the e-voting will be announced within two working days of the conclusion of the voting period.