Kriti Industries (India) Limited has issued a clarification to BSE Limited regarding the significant price movement observed in its stock. The response, dated March 26, 2026, addresses BSE's inquiry under reference number L/SURV/ONL/PV/SJ/2025-2026/3466.

Company's Response to Price Movement Inquiry

The company has categorically stated that the significant price movement in its scrip is purely market driven. This clarification comes as part of the standard regulatory process when stock exchanges notice unusual price movements in listed securities.

Regulatory Compliance and Disclosure Status

Kriti Industries emphasized that it has made all required disclosures in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no material information or events have been withheld that could potentially impact the stock price.

Current Information Status

The company has explicitly stated that as of the clarification date, there are no events, information, or impending announcements that could influence the price behavior of the company's security. This comprehensive disclosure ensures transparency regarding any factors that might affect investor sentiment or trading activity.

Communication Details

The clarification was signed by Aditi Randhar, Company Secretary and Compliance Officer, and submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The company requested BSE to take the clarifications on record, completing the regulatory requirement for responding to price movement inquiries.

Kriti Industries (India) Limited has officially filed its amended Articles of Association (AOA) with stock exchanges following the overwhelming approval of its power generation business expansion at the 1/2025-26 Extraordinary General Meeting held on March 20, 2026. The company submitted the certified copy of the altered AOA on March 23, 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations 2015.

Official Filing and Regulatory Compliance

The company formally notified BSE Limited and National Stock Exchange of India Limited about the adoption of the new AOA incorporating Article 92 after existing Article 91 of the Articles of Association. Company Secretary Aditi Randhar signed the official communication, confirming that the altered AOA is now available on the company's website at www.kritiindustries.com .

Constitutional Amendment for Power Generation

The newly inserted Article 92 significantly expands the company's business scope to include comprehensive power generation activities. The amendment authorizes the Board of Directors to establish, purchase, manage, and operate electricity generation plants and facilities through both conventional and non-conventional methods including hydel, thermal, nuclear, gaseous, solar, wind, and other non-conventional sources.

Meeting Participation and Overwhelming Approval

The EGM witnessed strong participation with 47 members attending virtually out of 11,311 total members as of the cutoff date of March 13, 2026. The meeting was chaired by Shri Shiv Singh Mehta, Chairman and Managing Director, with comprehensive representation from the board including six directors and key officials.

CS Ishan Jain, Practicing Company Secretary (FCS 9978, CP 13032), served as the scrutinizer and submitted the consolidated report covering both remote e-voting and e-voting at the EGM. Out of 52,696,000 total equity shares, 36,256,720 votes were polled, representing significant shareholder participation.

Enhanced Business Authorization

The special resolution amended the Articles of Association by inserting new Article 92, specifically authorizing the Board of Directors to establish, purchase, manage, and operate electricity generation plants and facilities. This comprehensive authorization covers various energy sources for both captive consumption and external sales.

The company implemented a robust e-voting mechanism through CDSL platform (EVSN: 260228002), with remote e-voting conducted from 9:00 A.M. on March 17, 2026, to 5:00 P.M. on March 19, 2026. The meeting was conducted in full compliance with Companies Act 2013, SEBI LODR Regulations 2015, and Secretarial Standard-2 on General Meetings.