Kedia Construction Company Limited appointed Abhishek D. Rai as its Company Secretary and Compliance Officer effective July 18, 2026. The board of directors approved the appointment during a meeting held on that date.

Ms. Pooja Chaubey resigned from the position of Compliance Officer on July 18, 2026, citing personal and professional commitments. She declared there were no other material reasons for her resignation.

Appointment Details

Mr. Abhishek Dineshkumar Rai holds membership number A77783 with the Institute of Company Secretaries of India (ICSI). He possesses more than three years of experience in legal and secretarial compliance. The company confirmed he has no relationships with the directors.

Regulatory Filings

The company filed the initial corporate announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on July 18, 2026. A subsequent filing on August 20, 2026, addressed a discrepancy raised by the Bombay Stock Exchange (BSE) regarding the missing resignation letter of Ms. Chaubey in the initial disclosure. The company stated the resignation letter was available in BSE records via the XBRL change in management filing.

Kedia Construction Company Limited (KCCL) reported a net loss of ₹28.40 lakh for the quarter ended June 30, 2026, compared to a net loss of ₹31.78 lakh in the corresponding period of FY25. The company’s revenue from operations fell 12.5% year-on-year to ₹10.50 lakh, down from ₹12.00 lakh in Q1FY25.

The Board of Directors approved the unaudited financial results on August 14, 2026, alongside the draft annual financial statements for FY26. The comparative figures for the previous period have been restated following the amalgamation of Kirti Investments Limited with KCCL, effective April 1, 2024.

Financial Performance

Total income for the quarter stood at ₹28.05 lakh, supported by other income of ₹17.55 lakh, which rose from ₹16.98 lakh in Q1FY25. However, total expenditure increased to ₹56.45 lakh from ₹61.56 lakh in the prior year period, primarily due to fluctuations in stock adjustments.

Cost of materials consumed rose to ₹7.64 lakh from ₹3.62 lakh year-on-year. Employee benefit expenses declined to ₹7.89 lakh from ₹10.05 lakh. Administrative and general expenses more than doubled to ₹16.12 lakh from ₹7.25 lakh.

What the Numbers Show

Other income constituted approximately 62.6% of the company’s total income in Q1FY26 (₹17.55 lakh out of ₹28.05 lakh), highlighting a significant reliance on non-operational revenue streams to offset operating losses. This dependency is evident as operational revenue alone was insufficient to cover the combined cost of materials and administrative expenses.

Auditor’s Emphasis of Matter

Jhunjhunwala Jain & Associates LLP, the independent auditors, highlighted two key matters in their review report:

• A pending litigation against LIC of India regarding the Ridge Road Property, valued at ₹77.38 lakh and held as inventory, has no provision for diminution in value as the matter remains sub judice.
• The financial statements reflect the amalgamation of Kirti Investments Limited into KCCL, approved by the NCLT Mumbai Bench on April 6, 2026, with an appointed date of April 1, 2024.