Kinetic Trust Limited has appointed Mr. Sumit Kumar Jha (DIN: 10547500) as an Additional Independent Director, effective from May 1, 2026. The appointment was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The company filed the regulatory intimation with BSE Limited on May 1, 2026, providing comprehensive details about the new director's appointment. The appointment is effective from the close of business hours on May 1, 2026.

Director Profile

Mr. Sumit Kumar Jha brings significant expertise to the board as a qualified Company Secretary from the Institute of Company Secretaries of India. According to the regulatory filing, he is described as "a multidisciplinary professional having a firm grasp over Companies Act as well as SEBI (LODR) regulations along with other allied and corporate laws."

The company has confirmed that Mr. Jha is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other regulatory authority, as required under BSE Circular No. LIST/COMP/14/2018-19.

Regulatory Compliance

The appointment was communicated to BSE Limited's Listing Department at Phiroze Jeejeebhoy Towers, Mumbai, in accordance with regulatory requirements. The filing was digitally signed by Rajesh Arora, Director of the company (DIN: 00662396), on May 1, 2026.

The appointment is subject to approval by shareholders at the ensuing Annual General Meeting, with the term extending up to five years from the date of appointment. This strategic addition to the board reflects the company's commitment to strengthening its governance structure with experienced professionals.

Kinetic Trust Limited has officially notified BSE Limited regarding the non-applicability of Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the financial year ended March 2026. The communication, dated April 06, 2026, was signed by Director Rajesh Arora on behalf of the Board of Directors.

Regulatory Exemption Details

The company qualifies for exemption under Regulation 15(2) of SEBI LODR, which provides relief to smaller listed entities from certain corporate governance provisions. The regulation specifically exempts companies with paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore as on the last day of the previous financial year.

Compliance Requirements Waived

Under this exemption, Kinetic Trust Limited is not required to comply with several corporate governance provisions for FY26, including:

• Filing of Secretarial Compliance Report under Regulation 24A
• Corporate Governance Report requirements
• Various other regulations specified under clauses 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, and 27

Future Compliance Commitment

The company has provided an undertaking that whenever these regulations become applicable at a later date, it will comply with all requirements within six months from the date the provisions become applicable. This typically occurs when the company's paid-up capital or net worth exceeds the prescribed thresholds.

Company Information

Kinetic Trust Limited, incorporated with CIN L67120PB1992PLC012532, trades on BSE under scrip code 531274. The formal communication ensures transparency with stakeholders regarding the company's regulatory compliance status and maintains proper disclosure standards despite being exempt from certain requirements.