Krishna Filament Industries appointed Ms. Kinjal Bhansali as an additional non-executive, non-independent director on September 7, 2026. The board also accepted the resignation of Ms. Harinakshi Amin, who stepped down as independent director for personal reasons.

The appointment of Ms. Bhansali is subject to shareholder approval. The Nomination and Remuneration Committee recommended the move during a board meeting that commenced at 3:40 pm and concluded at 4:12 pm.

Board Changes

Ms. Harinakshi Amin ceased her role at the close of business hours on September 7, 2026. She confirmed there were no material reasons for her resignation other than those stated in her letter. She holds no other directorships in listed entities.

Ms. Bhansali brings experience in business management, with skills focused on marketing and business margins. She is not related to any existing directors and is not debarred from holding office by SEBI or other authorities.

The company disclosed these changes pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Krishna Filament Industries Limited returned to profitability in the first quarter of FY26, reporting a net profit of ₹9.75 lakh compared to a net loss of ₹1.90 lakh in the same period last year. The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, at a meeting held on July 22, 2026. The company recorded total income of ₹12.00 lakh, driven entirely by other income, while total expenses stood at ₹2.25 lakh.

The Board recommended the appointment of M/s. VCA & Associates, Chartered Accountants (FRN No. 114414W), as the new statutory auditors to fill the vacancy arising from the expiration of the term of M/s. P R Agarwal & Awasthi at the conclusion of the upcoming Annual General Meeting (AGM). The recommendation, based on the Audit Committee's advice, proposes a tenure of two years from the conclusion of the ensuing AGM until the conclusion of the 40th AGM. M/s. P R Agarwal & Awasthi issued the Limited Review Report for the quarter.

M/s. VCA & Associates, located in Andheri West, Mumbai, provides audit and assurance services across industrial, manufacturing, and infrastructure sectors. The firm is registered with the Institute of Chartered Accountants of India. The trading window for dealing in securities by designated persons will reopen on July 25, 2026. The Board meeting commenced at 05:30 P.M. and concluded at 06:00 P.M.

Financial Performance Summary

Key Board Decisions