Kennametal India Limited has closed its trading window effective June 16, 2026, to prevent insider trading ahead of its financial results announcement. The window will remain shut until 48 hours after the declaration of the audited financial results for the fourth quarter and year ending June 30, 2026. This measure ensures compliance with the company's Code of Conduct and the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The decision to close the trading window aligns with practices followed by Kennametal Inc., the ultimate holding company of Kennametal India Limited . The restriction applies to all designated persons and is intended to maintain market integrity during the period leading up to the results disclosure.

Key Dates and Details

The company has not yet announced the specific date for the Board Meeting where the audited financial results for the quarter and year ending June 30, 2026, will be considered. This information will be communicated in due course.

Kennametal India Limited has initiated a postal ballot process to secure shareholder approval for material related party transactions with its ultimate holding company, Kennametal Inc., USA, and its fellow subsidiary, Kennametal Europe GmbH, Switzerland. The company seeks consent for transactions estimated at INR 9,295 Million with Kennametal Inc. and INR 11,050 Million with Kennametal Europe GmbH for the financial year 2026-27, effective July 1, 2026.

The Board of Directors, at its meeting held on May 7, 2026, approved the proposal to seek shareholder nod via remote e-voting. The company stated that these transactions are essential for its ongoing operations, involving the purchase and sale of raw materials, semi-finished and finished products, capital goods, and the sharing of services. These activities are conducted on an arm's length basis in accordance with the company's transfer pricing policy.

Details of Proposed Transactions

The resolutions categorize the nature of transactions with both entities. For Kennametal Inc., the approvals encompass sales, purchases, capital goods procurement, and various cross-charges for revenue and expenses, including IT and professional services, alongside royalty payments. Transactions with Kennametal Europe GmbH are primarily focused on sales, purchases, and cross-charges for revenue and expenses.

E-Voting Schedule and Process

The postal ballot notice has been dispatched electronically to shareholders whose names appear on the Register of Members or List of Beneficial Owners as of the cut-off date, May 8, 2026. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process.

Mr. Vijayakrishna K T, Practising Company Secretary, has been appointed as the Scrutinizer to ensure the voting process is conducted fairly and transparently. Shareholders can cast their votes through the remote e-voting facility during the specified window. The resolutions will be deemed to be passed on the last date of voting if they receive the requisite majority.