Kalyani Cast Tech Limited announced that its subsidiary, KMT Engineering Private Limited, has secured approval from Western Railway to commission its Gati Shakti Multi-Modal Cargo Terminal (GCT) at Shivlakha Station in Gujarat. The commissioning, effective from August 06, 2026, marks a strategic expansion of the company’s logistics infrastructure, aimed at enhancing cargo handling efficiency and reducing overall logistics costs.

The approval was granted under Advance Rates Notification No. 72 (Goods) of 2026, issued by Western Railway on August 06, 2026. The notification confirms the commercial operational status of the terminal located at the Shivlakha (KEGS) station over the PNU - SIOB section of the Ahmedabad Division. The facility is commissioned on a non-interlocking basis for an initial period of six months, during which the division must complete pending issues, including the signing of the GCT Agreement.

Terminal Specifications and Operations

The newly commissioned terminal has been assigned the Alpha & Numerical Code KEGS / 08524078 and operates with a track capacity of CC+8. The terminal functions on a 'Non-TDB & Non-EOL' basis, meaning freight charges are levied up to Shivlakha station. Beyond this serving station, siding charges will apply based on the actual utilization of engines and movement patterns.

Operational Guidelines

Until the installation of Electronic Integrated Weighbridge (EIMWB) at the KEGS GCT, weighment of rakes will be conducted at the EIMWB facilities of Samkhiali (SIOB) and Adesar (AAR), depending on the direction of movement. Similarly, until the Freight Operational Information System (FOIS) is installed at the terminal, Samkhiali (SIOB) serves as the Nodal Station for Train Management System (TMS) working. All concerned parties are directed to comply with the Railway Board’s guidelines regarding rake weighment on notified weighbridges.

Strategic Implications

The commissioning of this multi-modal cargo terminal aligns with Kalyani Cast Tech Limited’s broader strategy to optimize supply chain logistics. By establishing direct rail connectivity through a dedicated GCT, the company anticipates improved turnaround times for cargo handling. The initial six-month temporary opening allows for the resolution of technical and administrative prerequisites, after which a fresh proposal will be submitted for permanent operation. This infrastructure addition supports the company’s operational resilience by diversifying its logistics channels and potentially lowering dependency on road transport for heavy cargo movements.

Kalyani Cast Tech Limited secured unanimous shareholder approval for the preferential issue of up to 3,23,123 Convertible Equity Warrants during its Extraordinary General Meeting (EGM) held on July 28, 2026. The special resolution received 100% support from all voting members, with no votes cast against or declared invalid. Each warrant is convertible into one fully paid-up equity share, marking a key step in the company’s capital structure optimization.

The EGM was conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), chaired by Naresh Kumar, Chairman & Managing Director. The meeting commenced at 12:00 PM (IST) and concluded at 12:09 PM (IST). In compliance with SEBI Listing Regulations and Ministry of Corporate Affairs (MCA) circulars, remote e-voting was facilitated by National Securities Depository Limited (NSDL) from July 25, 2026, at 9:00 AM (IST) to July 27, 2026, at 5:00 PM (IST). Members attending the virtual meeting who had not voted remotely were provided electronic voting facilities during the session.

M/s. Ankur Singh & Associates, Practising Company Secretaries, served as the Scrutinizer for the voting process. The Scrutinizer’s Report, dated July 28, 2026, confirmed that the resolution was passed with the requisite majority under Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The report noted that the remote e-voting facility was disabled forthwith upon the closure of the voting period.

Jayashree Kumar, Whole Time Director, signed the summary of proceedings. The consolidated voting results and Scrutinizer’s Report have been submitted to BSE Limited and will be uploaded on the company’s website and NSDL portal within the prescribed timeline. The company emphasized that the management is responsible for ensuring compliance with the Act and Rules relating to remote e-voting, while the Scrutinizer’s role was limited to verifying the vote counts.

What the Numbers Show

The unanimous approval reflects strong alignment between promoter interests and public shareholders regarding the capital raising strategy. With promoters holding approximately 99.44% of the voting power exercised, the outcome was heavily influenced by their stance. The absence of any dissenting votes or invalid ballots indicates clear communication and acceptance of the terms detailed in the Explanatory Statement.