Kay Power & Paper has closed its trading window effective October 1, 2026. This action is taken in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the company's upcoming financial results.

The trading window will remain closed until 48 hours after the un-audited financial results for the quarter and half year ending September 30, 2026, are declared and published. This period ensures that no insider trading occurs while material non-public information regarding the company's performance is being prepared.

Compliance and Timeline

The company informed the BSE Limited that the closure is mandatory under regulatory guidelines to prevent misuse of price-sensitive information. The specific timeline is as follows:

The filing was submitted by Sagar Mohite, Company Secretary and Compliance Officer, on September 26, 2026. Investors and designated persons are advised to refrain from dealing in the company's securities during this blackout period.

Kay Power & Paper shareholders approved all seven resolutions at the 35th Annual General Meeting held on September 21, 2026. The scrutinizer's report confirms a 99.99% majority in favor of the key financial and governance measures.

The meeting, chaired by Mrs. Deepa Agarwal, concluded at 4:30 pm. Members also approved the appointment of M/s. Ankush Shinde & Company as statutory auditors for a five-year term. The voting process included remote e-voting from September 18 to September 20, 2026, and poll voting at the meeting.

Key Resolutions and Voting Results

The following table summarizes the resolutions passed during the proceedings:

Governance Updates

Mrs. Deepa Agarwal was appointed as Managing Director through a special resolution. Ms. Aarushi Chandra was appointed as a Non-Executive Non-Independent Director via an ordinary resolution.

The company also sought shareholder approval under Section 180(1)(a) of the Companies Act, 2013, to transfer land assets to its wholly owned subsidiary. Material related-party transactions pertaining to the subsidiary were also approved.

Voting Process

Remote e-voting was available from 9:00 am on September 18, 2026, to 5:00 pm on September 20, 2026. Ballot paper voting was provided for members who did not vote electronically. M/s. Neha Doshi & Co. served as the scrutinizer for the voting process.

What the Numbers Show

A distinct pattern emerges in the voting data regarding promoter participation. For six of the seven resolutions, promoters and their group cast votes totaling 17,819,746 shares, representing nearly 100% of their holding. However, for Resolution 7 concerning material related-party transactions, promoter votes dropped to zero. This indicates that while promoters supported all other corporate actions, they abstained from voting on transactions involving their own subsidiary, leaving the decision entirely to public shareholders. Public shareholders voted in favor of this resolution with 99.95% support.