Krishanveer company name has recommended the appointment of Ravi Kapoor and Vijeta Subhash Kulkarni as Independent Directors to strengthen its governance framework. The Board of Directors approved the nominations on August 05, 2026, based on the recommendation of the Nomination and Remuneration Committee. The appointments are subject to ratification by members at the company's ensuing Annual General Meeting. This move ensures continuity in board oversight with seasoned professionals bringing expertise in finance and human resources.

The proposed directors will serve a first term of five consecutive years, commencing from December 01, 2026, and ending on November 30, 2031. The Board confirmed that both appointees satisfy the independence criteria prescribed under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations. Furthermore, the company affirmed that neither candidate is debarred from holding office by SEBI or any other authority.

Director Profiles

Ravi Kapoor brings over 36 years of experience in finance, commercial management, and strategic leadership. He holds a Bachelor's Degree in Metallurgical Engineering from IIT Bombay and a Master's Degree in Management Studies (Finance) from JBIMS, Mumbai. His career includes senior leadership roles such as Chief Financial Officer in manufacturing organizations, with expertise in corporate governance, risk management, and regulatory compliance.

Vijeta Subhash Kulkarni offers more than 21 years of experience in Human Resources and Corporate Governance across healthcare, manufacturing, automotive, and BFSI sectors. She holds a Master's Degree in Personnel Management from Savitribai Phule Pune University and a Bachelor's Degree in Commerce. Her expertise covers human capital strategy, organizational development, ESG matters, and Nomination & Remuneration Committee affairs.

Regulatory Compliance

The intimation was filed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mahendra Ravso Samdole, Company Secretary and Compliance Officer, signed the disclosure submitted to BSE Limited. The filing confirms that both directors are unrelated to any existing director of the company, ensuring adherence to independence norms.

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.