KG Petrochem approves ₹3.5 crore guarantee, director re-appointments

The Board of Directors of kg petrochem approved a corporate guarantee of ₹3.5 crore for group entity Suave Casa Ideas Private Limited and proposed the re-appointment of three senior directors during its meeting on July 30, 2026. These decisions, along with the regularization of a new independent director, require shareholder approval at the company’s 46th Annual General Meeting (AGM) scheduled for August 26, 2026. The guarantee carries a commission of 0.5% per annum and is structured as an arm’s length transaction between entities led by the same promoter group.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board transacted several key items. The approval for the corporate guarantee was granted following prior clearance from the Audit Committee. The guarantee will be provided to HDFC Bank Limited to secure a bank guarantee of ₹3,50,00,000 for Suave Casa Ideas Private Limited. Management stated that this arrangement has no immediate financial impact on KG Petrochem other than its disclosure as a contingent liability in the financial statements.

Director Appointments and Re-appointments

The Board proposed the re-appointment of three existing directors for terms extending to July 31, 2029, subject to shareholder consent. Additionally, the Nomination and Remuneration Committee recommended the appointment of Anjal Kejriwal as a Non-Executive Additional Director, with a proposal to regularize his role as a Non-Executive Independent Director for five years.

Director Name	Role	Term Details
Manish Singhal	Managing Director	Re-appointment for three years (Aug 1, 2026 – Jul 31, 2029)
Prity Singhal	Whole Time Director	Re-appointment for three years (Aug 1, 2026 – Jul 31, 2029)
Gauri Shanker Kandoi	Chairman cum WTD	Re-appointment for three years (Aug 1, 2026 – Jul 31, 2029)
Anjal Kejriwal	Independent Director	Regularization for five years (May 27, 2026 – May 26, 2031)

Manish Singhal, Prity Singhal, and Gauri Shanker Kandoi are related by family ties; Singhal is the son of Kandoi and husband of Prity Singhal. Anjal Kejriwal, a commerce graduate with over 15 years of experience in the textile industry, has no inter-se relationships with other directors. The company affirmed that none of these individuals are debarred from holding director office under any SEBI orders, as required by NSE and BSE circulars.

AGM and Share Transfer Blockade

The 46th AGM will be held on August 26, 2026, at 12:00 P.M. (IST) at the company’s corporate office in Jaipur. To determine voting eligibility, the Register of Members and Share Transfer Books will remain closed from August 20, 2026, to August 26, 2026. Only shareholders recorded in the register or depository records as of the cut-off date on August 19, 2026, will be eligible to vote, including through e-voting facilities.

The Board also considered and approved the Board’s Report and the financial statements for the fiscal year ended March 31, 2026. These documents, along with the notice for the AGM, will be circulated to members in due course. The meeting commenced at 3:00 P.M. and concluded at 6:30 P.M. on July 30, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	+0.43%	-14.98%	-32.31%	-42.67%

KG Petrochem Limited reported a net profit of ₹445.13 lakh for the financial year ended March 31, 2026, a decrease from ₹550.82 lakh in the previous year. Revenue from operations for the year stood at ₹31,365.62 lakh, compared to ₹37,538.82 lakh in FY25. The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹248.11 lakh on revenue from operations of ₹8,111.48 lakh. Total income for the quarter was ₹8,333.13 lakh. The profit before tax for the year was ₹595.10 lakh. The company’s earnings per share (EPS) for the year was ₹8.53, down from ₹10.55 in the previous year.

Metric	Q4 FY26 (Audited)	FY26 (Audited)	FY25 (Audited)
Revenue from Operations	8,111.48	31,365.62	37,538.82
Net Profit	248.11	445.13	550.82
Total Income	8,333.13	32,138.77	37,942.46
EPS (Basic)	4.75	8.53	10.55

Board Appointments and Resignations

Based on the recommendations of the Audit Committee and Nomination and Remuneration Committee, the board approved the appointment of M/s Arpit Vijay & Co. as the Internal Auditor. Additionally, Mr. Anjal Kejriwal was appointed as an Additional Director designated as Non-Executive Independent Director for a term of five years effective from May 27, 2026, to May 26, 2031, subject to shareholder approval.

The board accepted the resignation of Mrs. Vani Jain as an Independent Director, effective from the close of business hours on May 27, 2026, due to pre-occupation. The board placed on record its appreciation for her contributions.

Auditor's Report

H. C. Bothra & Associates, Chartered Accountants, provided an unmodified opinion on the audited financial results. The report confirms that the financial statements give a true and fair view in conformity with the Indian Accounting Standards (Ind AS). The trading window, which was closed since April 1, 2026, will reopen 48 hours after the declaration of the financial results.