Kesoram Industries Limited has scheduled its 107th Annual General Meeting (AGM) for Tuesday, August 18, 2026, at 11:30 A.M. (IST) through Video Conference (VC) or Other Audio Visual Means (OAVM). The record date to determine shareholder eligibility for voting and participation is Tuesday, August 11, 2026. The meeting will be conducted to transact the businesses as set out in the Notice convening the AGM.

In compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has dispatched the Notice of the AGM along with the Annual Report for FY 2025-26 electronically to members whose email addresses are registered. Physical copies will be made available upon request. The documents are accessible on the company's website at www.kesocorp.com , as well as on the websites of BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited.

The company is providing a remote e-voting facility to members holding shares in physical or dematerialised form as on the cut-off date of August 11, 2026. The remote e-voting period commences on Friday, August 14, 2026, at 9:00 A.M. (IST) and concludes on Tuesday, August 17, 2026, at 5:00 P.M. (IST). Members attending the meeting through VC/OAVM who have not cast their vote by remote e-voting will be eligible to cast their vote during the AGM.

Ritu Bajaj, a Practicing Company Secretary (ICSI CP No. 11933), has been appointed as the Scrutinizer to ensure the voting process is conducted fairly. The results of the voting will be declared within two working days from the conclusion of the AGM and will be published on the company's website and communicated to the stock exchanges.

Members who have not registered their email addresses are requested to update them with their Depository Participants or MCS Share Transfer Agent Limited, Kolkata, to receive notices and e-voting credentials. Assistance for the AGM is available via NSDL at evoting@nsdl.co.in or their toll-free numbers.

Kesoram Industries Limited reported a consolidated loss of ₹8,813.24 lakhs for the financial year ended March 31, 2026, a significant decline from the profit of ₹5,43,151.51 lakhs recorded in the previous year. The company’s standalone financial statements reflected a loss of ₹20,686.58 lakhs, driven largely by exceptional items and challenging business conditions at its wholly-owned subsidiary, Cygnet Industries Limited.

The company’s consolidated revenue from operations for the year stood at ₹30,333.63 lakhs. The standalone income, comprising interest and other miscellaneous income, was ₹5,073.19 lakhs. The consolidated performance remained under pressure primarily due to the losses incurred by Cygnet Industries, which operates the Rayon, Transparent Paper, and Chemicals businesses.

Financial Performance

The following table summarizes the key financial metrics for the year:

The exceptional items for the year amounted to ₹24,215.49 lakhs. These included a provision for impairment of investments and loans in Cygnet Industries Limited amounting to ₹15,619.32 lakhs, a provision of ₹4,172.11 lakhs for the re-measurement of factory land at the Kesoram Spun Pipes and Foundries unit, and a waiver of accumulated interest of ₹4,424.06 lakhs on loans given to the subsidiary.

Operational Review

Post the demerger of its cement business, Kesoram Industries operates as a holding company with its performance dependent on Cygnet Industries Limited. The subsidiary faced challenging business conditions during the year, resulting in losses. Cygnet Industries reported a total income of ₹25,269.48 lakhs and a loss of ₹3,745.98 lakhs for the year, compared to an income of ₹27,061.76 lakhs and a loss of ₹5,637.69 lakhs in the previous year.

Strategic Developments

A significant development during the year was the announcement of an open offer under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Certain members of the Promoter and Promoter Group entered into a Share Purchase Agreement with Frontier Warehousing Limited for the transfer of equity shares. Subject to the completion of the regulatory process, the company is expected to undergo a change in control and management.

Corporate Governance

The company’s Board of Directors has upheld high standards of corporate governance and regulatory compliance. The statutory auditors, Walker Chandiok & Co. LLP, issued an unqualified report, stating that the financial statements give a true and fair view of the company's state of affairs. The company has also complied with all applicable Secretarial Standards issued by the Institute of Company Secretaries of India.

No dividend has been proposed for the year in view of the loss and the non-availability of any carry forward surplus.