Kiran Syntex Limited has closed its trading window for all Designated Persons and their immediate relatives from June 22, 2026, until 48 hours after the conclusion of its board meeting on June 30, 2026. The closure complies with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading. The board meeting is scheduled to consider a Scheme of Merger with Gujarat Kiran Polytex Limited, wherein Kiran Syntex will act as the transferee company and Gujarat Kiran Polytex as the transferor company.

The meeting will be held at the company's registered office in Surat to determine the structure and terms of the proposed amalgamation. The intimation regarding the meeting and the trading window closure was submitted to BSE Limited, referencing the scrip code 530443.

Key Details of the Meeting

Parties Involved

The proposed merger involves two specific entities:

• Transferee Company: Kiran Syntex Limited
• Transferor Company: Gujarat Kiran Polytex Limited

The filing was signed by Maheshkumar Motiram Godiwala, Managing Director of Kiran Syntex Limited .

Kiran Syntex Limited reported a net loss of ₹7.24 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹1.04 lakh in the corresponding period of the previous year. Total income from operations for FY26 rose to ₹1489.45 lakh, compared to ₹85.00 lakh in the year ended March 31, 2025. For the quarter ended March 31, 2026, the company recorded a net loss of ₹7.61 lakh on a total income from operations of ₹587.73 lakh.

The Board of Directors approved the audited financial results at its meeting held on May 30, 2026. The results were reviewed and recommended by the Audit Committee prior to approval. The company filed the detailed format of the audited financial results with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s equity share capital remained stable at ₹424.99 lakh for the year ended March 31, 2026, with a face value of ₹10 per share. Reserves, excluding revaluation reserves, stood at -₹232.10 lakh as per the audited balance sheet. Earnings per share (EPS) on a basic and diluted basis for continuing and discontinued operations was -₹0.17 for FY26.

Key Financial Metrics

The full format of the audited financial results is available on the websites of the BSE and the company.