Kalyani Cast Tech Limited held its Extraordinary General Meeting (EGM) on July 28, 2026, to secure shareholder approval for the preferential issue of equity instruments. The meeting, convened through Video Conferencing (VC) and Other Audio Visual Means (OAVM), focused exclusively on a special resolution to issue up to 3,23,123 Convertible Equity Warrants. Each warrant is convertible into one fully paid-up equity share of the company. This capital raising move requires specific regulatory compliance and shareholder consent under the Companies Act, 2015 and SEBI regulations.

The EGM was chaired by Naresh Kumar, Chairman & Managing Director, and commenced at 12:00 PM (IST). The meeting concluded at 12:09 PM (IST) after addressing the business items. In compliance with SEBI Listing Regulations and Ministry of Corporate Affairs (MCA) circulars, the company facilitated remote e-voting via National Securities Depository Limited (NSDL) from 9:00 AM (IST) on July 25, 2026, to 5:00 PM (IST) on July 27, 2026. Members who had not voted remotely were provided electronic voting facilities during the meeting.

To ensure transparency, the Board of Directors appointed M/s. Ankur Singh & Associates, Practising Company Secretaries, as the Scrutinizer for the voting process. The Chairman briefed members on the terms of the preferential issue, including pricing basis and allottee identity, as detailed in the Explanatory Statement. Queries from registered speakers were addressed during the session.

Post-meeting procedures included keeping the electronic voting facility open for an additional 15 minutes for members who had not cast their votes. Jayashree Kumar, Whole Time Director, signed the summary of proceedings. The consolidated Scrutinizer's Report and final voting results will be submitted to BSE Limited and uploaded on the company’s website and NSDL portal within the prescribed timeline, adhering to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Kalyani Cast Tech has issued a corrigendum to its Extraordinary General Meeting (EGM) notice dated July 4, 2026, to clarify details regarding a preferential issue of convertible equity warrants. The EGM is scheduled to be held on July 28, 2026, at 12:00 P.M. IST via video conferencing. The clarification follows a request from BSE Limited on July 10, 2026, seeking additional information about the preferential issue.

The corrigendum specifically amends Clause (vi) of the explanatory statement for Item No. 1 in the original notice. It identifies the six proposed allottees who belong to the promoter or promoter group of the company and have indicated their intention to subscribe to the warrants.

The following individuals are listed as proposed allottees:

The document confirms that aside from these six individuals, no other directors, promoters, key managerial personnel, or senior management personnel intend to subscribe to the convertible equity warrants or contribute separately to the issue. The corrigendum forms an integral part of the original EGM notice, which must be read in conjunction with this update.

The company stated that the original notice was dispatched in compliance with the Companies Act, 2013, and relevant rules. The filing for in-principle approval from BSE was made pursuant to Regulation 28(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The corrigendum will be available on the websites of BSE and Kalyani Cast Tech.