Keerthi Industries Limited has notified BSE Limited about initiating the process to issue duplicate share certificates following a shareholder's request for replacement of lost original certificates. The company received the intimation through its registrar and transfer agent, XL Softech Systems Limited, on 16th March, 2026.

Duplicate Certificate Request Details

The request pertains to shareholder Balkisan Ramkaran Baheti, who has applied for duplicate share certificates to replace lost original documents. The application covers a total of 97 shares distributed across two certificate numbers.

Regulatory Compliance

The duplicate certificate issuance process is being conducted in accordance with Regulation 39(3) of SEBI (Listing Obligations & Disclosure Requirements), 2015. This regulation mandates specific procedures for issuing duplicate securities certificates when original certificates are lost, stolen, or destroyed.

Keerthi Industries Limited has confirmed that it is initiating the necessary course of action to process the duplicate certificate request. The company has fulfilled its obligation to inform the stock exchange about this corporate action within the prescribed timeframe.

Company Information

Keerthi Industries Limited, formerly known as Suvarna Cements Limited, operates from its registered and administrative office located at Plot No. 40, IDA, Balanagar, Hyderabad. The company is incorporated under CIN L11100TG1982PLC003492 and maintains its listing on BSE with scrip code 518011.

Keerthi Industries Limited has received an Income Tax Assessment Order from the Income Tax Department under Section 143(3) of the Income Tax Act, 1961 for Assessment Year 2024-25. The company disclosed this development to BSE Limited on March 14, 2026 under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Assessment Order Details

The Income Tax Assessment Order was dated March 12, 2026 and received by the company on March 13, 2026. The order represents a regular assessment conducted by the Income Tax Authority for the Assessment Year 2024-25.

Financial Implications

The assessment order disallows specific expenses and depreciation claims made by the company. The disallowed amounts include expenses of Rs. 18,16,085 and depreciation of Rs. 2,06,81,514 for the Assessment Year 2024-25.

Company's Response and Impact

Keerthi Industries has clarified that the assessment outcome does not have any financial impact on the company's operations or other activities. The company is preparing to file an appeal against the Assessment Order within the prescribed time limit as per Income Tax regulations.

The company has fulfilled its disclosure obligations by informing BSE Limited about this development through a formal communication signed by Company Secretary and Compliance Officer Anupama Iyer. The disclosure was made in compliance with SEBI Listing Regulations to ensure transparency with stakeholders and the investing public.