Kasturi Metal Composite to host investor meet on June 20

1 min read     Updated on 15 Jun 2026, 08:44 PM
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Kasturi Metal Composite Ltd announced it will hold an investor conference on June 20, 2026, from 02:00 PM to 03:00 PM IST. Organized by Hem Securities Ltd, the event titled Samruddhi Season 3 – Nav Bharat ka Caravan will not involve any discussion of unpublished price sensitive information. Registration for the webinar is available via a Zoom link and the company's website.

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Kasturi Metal Composite Ltd will host an investor conference on June 20, 2026, to engage with analysts and institutional investors. The meeting, titled Samruddhi Season 3 – Nav Bharat ka Caravan, is organized by Hem Securities Ltd and is scheduled to take place between 02:00 PM and 03:00 PM IST. The company stated that the discussion will rely solely on publicly available documents and no unpublished price sensitive information (UPSI) will be shared.

The event is being conducted pursuant to Regulation 30(6) read with Schedule III (Part A) (15) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Officials from Kasturi Metal Composite Ltd will attend the session to address queries from stakeholders.

Stakeholders can register for the webinar through a specific Zoom link provided by the company. The details regarding the event will also be accessible on the official website of Kasturi Metal Composite Ltd. The company noted that changes to the schedule may occur due to exigencies on the part of the host or the company.

Date Time Event Name Nature of Meeting Organized by
20th June, 2026 02:00 PM – 03:00 PM Samruddhi Season 3 – Nav Bharat ka Caravan Investor Conference Hem Securities Ltd

Madhu Awasthi, Company Secretary & Compliance Officer, signed the intimation on June 15, 2026, confirming the schedule for the investor interaction.

Historical Stock Returns for Kasturi Metal Composite

1 Day5 Days1 Month6 Months1 Year5 Years
+1.80%+10.34%+5.56%-11.34%-11.34%-11.34%

What strategic growth initiatives does Kasturi Metal Composite plan to highlight during the Samruddhi Season 3 conference?

How might the investor conference influence market sentiment and trading volume for Kasturi Metal Composite in the short term?

What are the potential long-term benefits of engaging with analysts and institutional investors at this stage?

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Kasturi Metal Composite Limited Reports No Deviation in IPO Fund Utilisation for Half Year Ended March 31, 2026

2 min read     Updated on 07 May 2026, 04:47 PM
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Kasturi Metal Composite Limited filed its IPO fund utilisation statement for the half year ended March 31, 2026, reporting no deviation or variation in the deployment of ₹1761.28 lakhs raised through its IPO allotted on February 3, 2026. Against an original allocation of ₹1329.07 lakhs for Capital Expenditure, ₹741.71 lakhs has been utilised, while ₹359.41 lakhs of the ₹432.21 lakhs allocated for General Corporate Purpose has been deployed, including ₹174.98 lakhs towards issue expenses. The Audit Committee, at its meeting on April 30, 2026, confirmed that funds are being utilised as per the objects stated in the Prospectus.

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Kasturi Metal Composite Limited has submitted its Statement of Deviation or Variation in utilisation of IPO funds for the half year ended March 31, 2026, to the BSE Limited. The filing, made on May 07, 2026, was prepared pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019. The Audit Committee reviewed the statement at its meeting held on April 30, 2026, and confirmed that no deviation or variation in fund utilisation has occurred.

IPO Fund Utilisation Overview

The company raised ₹1761.28 lakhs through its Initial Public Offer, with the date of allotment and listing recorded as February 3, 2026. The filing confirms that funds have been deployed strictly in accordance with the objects outlined in the Prospectus. Key details of the filing are summarised below:

Parameter: Details
Name of Listed Entity: Kasturi Metal Composite Limited
Mode of Fund Raising: Public Issue - Initial Public Offer (IPO)
Date of Raising Funds: February 3, 2026 (Date of Allotment/Listing)
Amount Raised: ₹1761.28 Lakhs
Report Filed For: Half year ended March 31, 2026
Monitoring Agency: Not Applicable
Deviation / Variation in Use of Funds: No
Audit Committee Comments: Funds are being utilised as per the objects stated in the Prospectus
Auditor Comments: None

Object-Wise Fund Allocation and Utilisation

The IPO proceeds were earmarked across two primary objects. The table below presents the original allocation against actual utilisation for each object as of the half year ended March 31, 2026:

Sr. No: Original Object: Original Allocation (₹ Lakhs): Funds Utilised (₹ Lakhs): Deviation/Variation:
1 Capital Expenditure Purpose 1329.07 741.71 None
2 General Corporate Purpose 432.21 359.41 None

It is noted that the utilisation under General Corporate Purpose includes funds deployed towards issue expenses amounting to ₹174.98 Lakhs. No modified object or modified allocation has been indicated for either category.

Audit Committee Observations

The Audit Committee, upon review, noted that funds raised through the IPO are being utilised in accordance with the objects stated in the Prospectus. No comments were received from the auditors in relation to the fund utilisation. The absence of any deviation or variation confirms that the company's deployment of IPO proceeds remains aligned with its stated objectives as disclosed to investors at the time of the offering.

The statement was signed by Madhu Awasthi, Company Secretary and Compliance Officer (Membership No. A28386), from Amravati, on May 07, 2026.

Historical Stock Returns for Kasturi Metal Composite

1 Day5 Days1 Month6 Months1 Year5 Years
+1.80%+10.34%+5.56%-11.34%-11.34%-11.34%

When does Kasturi Metal Composite Limited expect to fully deploy the remaining ₹587.36 lakhs allocated for capital expenditure, and what milestones are tied to this spending?

How will the completion of the capital expenditure investments impact Kasturi Metal Composite's production capacity and revenue growth trajectory over the next 12-18 months?

Given that only 55.8% of capital expenditure funds have been utilised within the first reporting period, could delays in deployment signal execution risks or supply chain challenges for the company?

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1 Year Returns:-11.34%