Kesar Terminals & Infrastructure reported a net loss of ₹3,274.82 lakh for the financial year ended March 31, 2026, primarily due to exceptional items amounting to ₹3,648.83 lakh. The board of directors, which met on May 26, 2026, approved the audited financial results and recommended a final dividend of ₹1.25 per share for the fiscal year 2025-26.

The company recorded a total income from operations of ₹3,353.20 lakh for FY26. However, the bottom line was severely impacted by a loss of ₹3,648.83 lakh on the sale of investments in its erstwhile subsidiary, Kesar Multimodal Logistics Limited. For the quarter ended March 31, 2026, the company posted a net profit of ₹228.90 lakh. The audited results were reviewed by the Audit Committee and published in newspapers on May 28, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The table below summarizes the financial results for the quarter and year ended March 31, 2026:

Board Decisions and Dividend

The board recommended a final dividend of 25%, or ₹1.25 per share, subject to shareholder approval at the Annual General Meeting. The record date for the dividend has been fixed as Wednesday, July 8, 2026. Additionally, the board fixed the date for the 18th Annual General Meeting as Wednesday, July 22, 2026, to be held via Video Conferencing.

The board also recommended the re-appointment of Shri Harsh Kilachand as whole-time director designated as 'executive chairman' for a period commencing from December 20, 2026, to March 31, 2031. Mrs. Natasha Kilachand was also recommended for re-appointment.

Auditor's Report

Statutory auditors M/s. Chandabhoy & Jassoobhoy issued a qualified opinion on the financial results. The qualification relates to litigation with Deendayal Port Trust (DPT) regarding demands for transfer fees and increased lease rent. The company stated that no provision has been made as the impact is currently not ascertainable pending the outcome of a Special Leave Petition filed in the Supreme Court of India.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE096L01025/bf652d59-e8bb-458a-aa1c-c4395b6c100b.pdf

Kesar Terminals & Infrastructure Limited has revised its code for fair disclosure of unpublished price sensitive information (UPSI) to ensure compliance with SEBI regulations. The board of directors approved the revised policy during a meeting held on May 26, 2026. This code, formulated under Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, mandates the company to ensure prompt public disclosure of UPSI that impacts price discovery, ensuring uniform and universal dissemination to avoid selective disclosure.

The revised policy outlines specific procedures for the handling and dissemination of UPSI. It requires the company to promptly disseminate any information that is disclosed selectively, inadvertently or otherwise. Additionally, the company must ensure an appropriate and fair response to queries on news reports and requests for verification of market rumours by regulatory authorities. The policy also stipulates that information shared with analysts and research personnel must not be UPSI and encourages maintaining transcripts of investor relations conferences on the official website.

Archana Mungunti, Company Secretary, will act as the Chief Investor Relations Officer (CIRO) for the purpose of dealing with the dissemination of information and disclosure of UPSI. The policy emphasizes that all UPSI must be handled on a need-to-know basis. It also includes a framework for determining 'legitimate purpose' for sharing UPSI, which includes sharing with partners, lenders, auditors, and legal advisors, provided it is not done to circumvent regulations.

The policy defines UPSI broadly to include financial results, dividends, changes in capital structure, mergers, acquisitions, and key managerial personnel changes. It also covers events such as fraud, defaults, forensic audits, regulatory actions, and material litigation. The guidelines for materiality referred to in Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be applicable for identifying such events.

Key Policy Provisions

The policy mandates that any person in receipt of UPSI pursuant to a legitimate purpose shall be considered an 'insider' and must comply with the code. It also requires the maintenance of a database of individuals with whom UPSI is shared, including their PAN or other identifiers, with adequate internal controls such as time stamping and audit trails. An internal audit will be conducted once a year to ensure the integrity of the system and data maintained.