Kallam Textiles Ltd has closed its trading window for designated persons starting October 1, 2026. The closure will remain in effect until 48 hours after the declaration of financial results for the quarter ended September 30, 2026.

This action is taken in compliance with the company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders. It also adheres to the provisions of the SEBI (Prohibition of Insider Trading) Regulations.

Compliance and Restrictions

All designated persons, including directors of the company, have been intimated not to enter into any transaction involving the company's securities during this period. The trading window closure is a standard regulatory requirement to prevent insider trading while unpublished price-sensitive information is in circulation.

The company secretary and compliance officer, Golagani Ramesh Kumar, signed the communication dated September 30, 2026, notifying the BSE Limited about the closure.

Kallam Textiles Limited has applied to the Registrar of Companies (RoC), Vijayawada, seeking an extension of time to convene and hold its Annual General Meeting (AGM) for the financial year 2025-26. The company cited its ongoing Corporate Insolvency Resolution Process (CIRP) as the primary reason for the delay.

The application was submitted following an order from the National Company Law Tribunal (NCLT) dated April 6, 2026, which initiated the CIRP under the Insolvency and Bankruptcy Code, 2016. The RoC is currently processing the request.

Regulatory Disclosure

The company disclosed this development to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the company remains under the supervision of the resolution process, impacting its standard corporate governance timelines.

What the Numbers Show

The inability to hold the AGM within the statutory timeframe underscores the operational paralysis often associated with companies undergoing CIRP. The NCLT order dated April 6, 2026, predates the current fiscal year-end, indicating that the insolvency proceedings have been active throughout the reporting period, preventing the board from finalizing accounts or convening shareholder meetings.