Krishanveer Forge Limited has fixed September 11, 2026, as the record date for determining shareholder entitlement to the dividend for the financial year ended March 31, 2026. This action finalizes the eligibility criteria for investors seeking the recommended payout, ensuring clarity on who qualifies for the distribution ahead of the upcoming Annual General Meeting (AGM).

The Board of Directors approved the record date during a meeting held on August 05, 2026, in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had earlier recommended a dividend of Rs.3.00 per equity share of Rs.10 each during its Board meeting on May 27, 2026. This recommendation is pending formal declaration by shareholders at the ensuing AGM.

Dividend Payment Timeline

If the dividend is declared at the AGM, payments will be processed on or before October 17, 2026. The payout will be subject to the deduction of tax at source (TDS) as applicable under prevailing laws. The disbursement process distinguishes between dematerialized and physical shareholdings:

• Demat Holders: Payments will be made to Beneficial Owners based on data provided by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as of the close of business on September 11, 2026.
• Physical Holders: Payments will be made to Members holding physical shares, after accounting for any valid transmission or transposition requests lodged with the company by the close of business on September 11, 2026.

Key Dates and Details

The company emphasized that the dividend recommendation remains subject to shareholder approval. Investors are advised to ensure their holdings are reflected in their demat accounts or registered addresses before the record date to avoid missing the payout window. The intimation was issued by Mahendra Ravso Samdole, Company Secretary and Compliance Officer of Krishanveer Forge Limited.

Krishanveer Forge Limited has received Permission to Commission (PTC) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for its 1MWp Solar Power Plant located at Karandewadi in Solapur, Maharashtra. The approval granted on July 02, 2026, is a key regulatory requirement enabling the evacuation of solar power from the facility. Commercial operations will commence following successful testing and inspection by a designated engineer from MSEDCL and the completion of other applicable formalities.

The solar facility, situated at Karandewadi and connected to the Mahim, Solapur substation in Taluka Sangole, has been fully installed and is ready for operations. The project utilizes a single-axis tracker system for the 1.0 MWp (DC) capacity plant. The commissioning of this facility represents a significant step in the company's commitment towards sustainability and the adoption of renewable energy sources.

Regulatory Approval Details

The Permission to Commission is valid for a period of 30 days starting from July 02, 2026. During this window, the company must complete the commissioning process, including the necessary testing and inspection by MSEDCL officials. Once these procedural requirements are met, the commercial evacuation of solar power generated from the plant will begin.

The company informed the stock exchanges regarding this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new solar power plant is expected to contribute to Krishanveer Forge Limited's internal energy requirements and support its long-term environmental objectives.