Kkalpana Industries (India) Limited concluded its 41st Annual General Meeting on September 26, 2026, adopting the audited financial statements for FY26 and approving key governance resolutions.

The meeting was conducted through video conferencing in compliance with Ministry of Corporate Affairs circulars. A total of 56 members, representing 70,660,001 equity shares or 75.11% of the paid-up capital, participated in the proceedings. Promoter and promoter group holdings accounted for 74.99% of the total shares present.

Key Resolutions Passed

Shareholders approved several ordinary and special business items during the session:

• Adoption of the audited Balance Sheet as at March 31, 2026, along with the Statement of Profit and Loss and Cash Flow Statement for FY26.
• Reappointment of Ddev Surana (DIN: 08357094) as a director retiring by rotation.
• Approval of remuneration payable to Cost Auditors for FY27.
• Appointment of Rajni Mishra (DIN: 07706571) as an independent director.

Governance and Attendance Details

Narrindra Suranna, Chairman and Managing Director, chaired the meeting alongside Whole Time Director P. R. Mukherjee and other board members who joined remotely from Kolkata, Mumbai, and Puri. The company’s statutory auditors, M/s B. Chakrabarti & Associates, attended virtually to address any queries regarding the financial statements, though no qualifications or adverse remarks were noted in the audit report.

Shareholder Engagement

During the question-and-answer segment, shareholders raised queries concerning the company’s future prospects, raw material sourcing amidst geopolitical tensions, and operational growth opportunities. The management addressed these concerns directly, highlighting efforts to improve performance and streamline operations.

Voting results from remote e-voting and live e-voting are scheduled to be published on the company’s website and NSDL portal within two working days of the meeting’s conclusion.

Kkalpana Industries reported a net profit of ₹79.39 lakh for FY26, up 15.5% from the previous year, while revenue fell 7.8% to ₹3,735.54 lakh. The company also disclosed that it has dispatched notices for its 41st Annual General Meeting (AGM) scheduled for September 26, 2026.

The filing, submitted to the Bombay Stock Exchange (BSE) and Calcutta Stock Exchange (CSE) on August 26, 2026, includes audited financial results and corporate governance updates. Pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the company issued letters to shareholders without registered email addresses on August 27, 2026, providing web links to access the AGM notice and Annual Report. The dispatch was delayed by one day due to a public holiday on August 26, 2026, but remains within statutory timelines.

Financial Performance

Total income stood at ₹4,833.67 lakh, including other income of ₹1,098.13 lakh. Total expenses were recorded at ₹4,792.20 lakh. The improvement in profitability occurred despite lower operational revenue, driven by a significant reduction in finance costs and favorable tax adjustments.

The increase in PAT despite lower pre-tax profits was primarily due to a tax benefit of ₹49.58 lakh related to earlier years, which offset the current year’s tax expense. Finance costs dropped significantly to ₹62.24 lakh from ₹338.07 lakh in FY25, reflecting improved debt management.

Balance Sheet and Cash Flow

As of March 31, 2026, total assets stood at ₹6,263.10 lakh, down from ₹7,236.88 lakh in the previous year. A notable change was the complete repayment of long-term borrowings, which stood at ₹2,500.00 lakh at the end of FY25 but reduced to zero in FY26. Consequently, the debt-to-equity ratio improved to 0.02 from 0.72.

Cash and bank balances increased to ₹662.86 lakh from ₹91.85 lakh. Inventories also saw a sharp reduction, falling to ₹252.90 lakh from ₹1,558.46 lakh, indicating better inventory management and working capital optimization.

Corporate Governance and AGM

The company has scheduled its 41st AGM for September 26, 2026, to be conducted via Video Conferencing at 2:00 pm IST. Key agenda items include:

• Reappointment of Mr. Ddev Surana as a director.
• Appointment of Mrs. Rajni Mishra as an independent director, replacing Mrs. Ramya Hariharan who resigned on July 1, 2026.
• Ratification of remuneration for cost auditors M/s. D. Sabyasachi & Co.

The register of members will remain closed from September 20 to September 26, 2026. E-voting will be available from September 23 to September 25, 2026. Shareholders holding physical securities are reminded to update KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024, to ensure eligibility for electronic payments.

Operational Highlights

The Chairman’s statement highlighted a focus on operational efficiency and sustainable growth amidst evolving global trade dynamics. The company emphasized its position in the recycled polymer value chain, leveraging stricter environmental regulations and growing demand for circular economy solutions. No dividend was recommended for FY26 to preserve cash flows for future growth opportunities.