Kinetic Trust Limited has scheduled its 34th Annual General Meeting (AGM) for August 7, 2026, to seek shareholder approval for a preferential issue of warrants aggregating ₹6.60 crore and to adopt audited financial statements for the year ended March 31, 2026. The meeting will be held at Flat No 4, 1st Floor, Khurana Complex, Kochar Market Chowk, Ludhiana, Punjab. The company has fixed July 31, 2026, as the record date to determine shareholder eligibility for the AGM and e-voting.

Preferential Issue and Fundraising

The Board proposes to issue up to 60,00,000 warrants convertible into equity shares to persons belonging to the non-promoter category at a price of ₹11 per warrant. The issue aims to raise ₹6.60 crore to augment the company's Net Owned Fund (NOF) to meet the ₹10 crore requirement mandated by the Reserve Bank of India by March 31, 2027, and to meet working capital requirements. The warrants will be convertible into one fully paid-up equity share of ₹10 each at a premium of ₹1 within 18 months from the date of allotment. The proposed allottees include Vipul Garg, Nidhi Jindal, and Kushal Jain, among others.

Agenda and Corporate Governance

The AGM agenda includes the adoption of audited financial statements for FY26, the reappointment of Director Rajesh Arora, and the regularization of Sumit Kumar Jha as a Non-Executive Independent Director. Shareholders will also vote on increasing the authorized share capital from ₹5.50 crore to ₹10 crore. Mr. Chetan Gaur, Practicing Company Secretary, has been appointed as the scrutinizer for the e-voting process, which will be open from August 4, 2026, to August 6, 2026.

Kinetic Trust Limited has appointed Ms. Pooja Agarwal as its Company Secretary and Compliance Officer effective June 1, 2026. The Board of Directors approved the appointment during a meeting held on Monday, June 1, 2026. The appointment is for a fixed term of five years.

Ms. Agarwal holds membership number A77720 and is an Associate Member of the Institute of Company Secretaries of India. She has 8 months of experience in secretarial, legal, and compliance functions, including corporate governance, SEBI compliances, and Companies Act matters. She succeeds the previous compliance structure, taking on the responsibilities outlined under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Brief Profile of Company Secretary

The meeting commenced at 3:00 P.M. and concluded at 3:30 P.M. on June 1, 2026. The decision was communicated to the Bombay Stock Exchange Limited by Director Rajesh Arora.