Krishnaveer Forge Limited has issued a communication urging its shareholders to update their contact and financial details to ensure seamless regulatory compliance and communication.

The company announced on August 17, 2026 that shareholders must register or update their email addresses, Permanent Account Numbers (PAN), current addresses, and bank account details. Investors are instructed to submit this information directly to their Depository Participants or the company's Registrar and Transfer Agent, as applicable.

Shareholder Instructions

The company highlighted that maintaining accurate records is essential for receiving statutory communications and processing dividend payments efficiently. The detailed statement regarding this requirement is available on the company's official website under the shareholders' information section.

Key actions for shareholders include:

• Updating email addresses for digital communication.
• Verifying and updating PAN details for tax compliance.
• Confirming current residential addresses.
• Registering valid bank account details for direct credit of dividends.

Compliance Details

Krishnaveer Forge Limited submitted this intimation to BSE Limited through its Company Secretary and Compliance Officer, Mahendra Ravso Samdole. The notice was copied to MUFG Intime India Pvt Ltd, which serves as the Registrar and Transfer Agent for the company.

Investors are encouraged to visit the company's website to access the full statement and ensure their records are up to date with the relevant intermediaries.

Krishanveer Forge Limited reported a net profit of ₹1.99 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 3.6% decline from ₹2.07 crore in the corresponding period of the previous year. Revenue from operations fell 6.4% year-on-year to ₹22.13 crore, reflecting softer demand or pricing pressures in its forging segment. The company’s total comprehensive income stood at ₹2.04 crore, while earnings per share (EPS) decreased to ₹1.825 from ₹1.893 in the prior year quarter.

The Board of Directors approved the unaudited financial results on August 5, 2026, following a limited review by statutory auditors Gokhale, Tanksale & Ghatpande. The results comply with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and are prepared in accordance with Ind AS 34. The Audit Committee reviewed the figures before their final approval by the Board. The advertisement containing the extract of the results was published in Financial Express and Loksatta on August 6, 2026, pursuant to Regulation 47 of SEBI LODR.

Financial Performance Breakdown

Revenue from operations declined to ₹22.13 crore in Q1FY27 from ₹23.64 crore in Q1FY26. However, other income rose to ₹45.77 lakh from ₹32.72 lakh, partially offsetting the operational dip. Total income decreased marginally to ₹22.59 crore from ₹23.97 crore.

Profit before tax increased 6.0% to ₹27.56 lakh, aided by lower tax expenses due to deferred tax benefits. Current tax was ₹78.15 lakh against ₹62.41 lakh in the previous year, but deferred tax credits of ₹2.07 lakh helped reduce the effective tax burden.

What the Numbers Show

While revenue contracted, the company managed to improve pre-tax profitability through cost efficiencies. Total expenses fell 7.2% to ₹19.83 lakh, primarily driven by a significant reduction in inventory changes (₹33.92 lakh credit vs. ₹5.74 lakh credit previously) and lower cost of materials consumed. However, gas consumption costs rose 12.8% to ₹48.75 lakh, indicating potential input cost pressures that may impact future margins if not passed on to customers.

Corporate Actions and Governance

The Board fixed September 11, 2026, as the record date for determining entitlement to the FY26 dividend, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The register of members will remain closed from September 12 to September 18, 2026.

The 36th AGM is scheduled for September 18, 2026, via Video Conferencing or Other Audio-Visual Means (OAVM). Remote e-voting will be open from September 15 to September 17, 2026. M/s. Satish & Satish has been appointed as the scrutinizer for the e-voting process under Regulation 44 of SEBI LODR Regulations, 2015.

New Independent Directors

Based on the Nomination and Remuneration Committee’s recommendation, the Board proposed the appointment of Mr. Ravi Kapoor and Ms. Vijeta Subhash Kulkarni as Independent Directors for a five-year term starting December 1, 2026. Both candidates have no relationship with existing directors and are not debarred by SEBI or any other authority.