KPT Industries Limited KPT Industries has regularized the appointment of Dr. Nitin Vikas Pai as a Non-Executive Director, confirming his position on the Board. Shareholders approved the regularization via a resolution passed at their meeting held on August 8, 2026. This action finalizes the governance structure for the new director, who is liable to retire by rotation.

The regularization was undertaken pursuant to Regulation 30(6), read with Schedule III Part A Para A, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified BSE Limited of the development on August 8, 2026, ensuring compliance with listing obligations regarding changes in board composition.

Director Profile and Tenure

Dr. Nitin Vikas Pai’s appointment as Non-Executive Director became effective on May 29, 2026. At 52 years of age, he brings significant professional credentials to the role. His educational background includes an MD in Medicine, DNB in Medicine, and a DM in Gastroenterology. Professionally, he serves as a senior gastroenterologist based in Pune and holds the position of Director of Gastroenterology at Ruby Hall Clinic, a prominent tertiary care institution in the region.

Disclosures and Relationships

In accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the company disclosed specific relationships involving the newly appointed director. Dr. Nitin Pai is the nephew of Late Mr. Prakash Kulkarni and Mrs. Prabha Kulkarni, who serves as the Non-Executive Chairperson. He is also the brother of Dr. Ketan Vikas Pai.

The filing confirms that Dr. Pai does not fall under the purview of Section 2(76) or Section 2(77) of the Companies Act, indicating no disqualifying conditions apply. Furthermore, the company stated that he is not debarred from holding office by any regulatory authority. Aishwarya Toraskar, Company Secretary & Compliance Officer (ACS 54931), signed the intimation.

KPT Industries shareholders have approved a dividend payout of ₹3.00 per equity share for the financial year ended March 31, 2026 (FY26). The decision was ratified by members at the Annual General Meeting (AGM) held on August 8, 2026, at the company’s registered office in Shirol, Kolhapur, Maharashtra. This declaration confirms the Board’s recommendation and finalizes the distribution plan for the fiscal year, providing immediate value to equity holders.

The dividend is set at 60% of the face value of ₹5 per equity share. The total aggregate amount payable to shareholders stands at ₹102.00 lakhs. This payout structure reflects the company’s commitment to returning capital to investors while maintaining operational stability. The approval follows standard corporate governance procedures under the Companies Act and SEBI regulations.

Dividend Details

The key parameters of the approved dividend are outlined below:

Regulatory Compliance and Governance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. KPT Industries Limited submitted the disclosure to BSE Limited on August 8, 2026, ensuring timely market communication. The Company Secretary & Compliance Officer, Aishwarya Toraskar, authorized the submission, confirming adherence to statutory reporting timelines.

The AGM was conducted at the company’s registered office located at Gat No. 320, Mouje Agar, Taluka Shirol, Dist. Kolhapur. The meeting served as the formal platform for members to vote on the Board’s recommendations, including the dividend proposal. The successful passage of the resolution underscores shareholder alignment with the management’s capital allocation strategy for FY26.

What the Numbers Show

The 60% dividend yield on the ₹5 face value indicates a moderate return strategy relative to the share’s nominal value. With a total outflow of ₹102.00 lakhs, the payout suggests a balanced approach between rewarding shareholders and retaining earnings for future growth initiatives. The precise alignment of the dividend amount with the total payout figure implies a defined shareholder base size, though the exact number of outstanding shares was not explicitly detailed in this specific disclosure beyond the aggregate monetary value.