KRN Heat Exchanger and Refrigeration Limited has informed the stock exchanges of an upcoming Board of Directors meeting, scheduled in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is set to take place on Thursday, May 14, 2026, at the company's registered and work office located at Plot No.: F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana – 301705, Rajasthan.

Purpose of the Board Meeting

The primary agenda of the forthcoming board meeting is to consider and approve the Audited Financial Results of the company for the quarter and financial year ended March 31, 2026. The results will be reviewed and approved in both standalone and consolidated formats, providing a comprehensive view of the company's financial performance for the full fiscal year.

The key details of the scheduled board meeting are summarised below:

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of KRN Heat Exchanger and Refrigeration, which is already closed, will remain closed until May 16, 2026. This measure is in place to prevent insider trading ahead of the disclosure of material financial information.

The intimation was signed by Jitendra Kumar Sharma, Company Secretary and Compliance Officer, on May 08, 2026, and has been duly submitted to both BSE Limited and the National Stock Exchange of India Limited.

KRN Heat Exchanger and Refrigeration Limited successfully concluded its Extra-Ordinary General Meeting on April 15, 2026, with all five proposed special resolutions receiving overwhelming shareholder approval. The meeting was conducted through video conferencing at 03:00 P.M. IST, with strong participation from shareholders across all categories.

Meeting Overview and Participation

The EGM was chaired by Mr. Santosh Kumar Yadav, Chairman and Managing Director, who welcomed shareholders and confirmed the requisite quorum. The company had 85,422 total shareholders on the record date of April 08, 2026. The meeting saw participation from 5 promoter group members and 28 public shareholders through video conferencing.

Voting Process and Results

The company facilitated both remote e-voting and e-voting during the meeting through NSDL's platform. Remote e-voting commenced at 9:00 A.M. on April 12, 2026, and concluded at 5:00 P.M. on April 14, 2026. Mr. Deepak Arora from Deepak Arora & Associates served as the scrutinizer for the voting process.

Overall voting participation reached 80.93% of outstanding shares, with 50,302,202 votes polled out of 62,156,600 total shares.

Resolution Results

All five special resolutions were passed with strong support from shareholders:

Management Re-appointments

The first two resolutions concerning management re-appointments received identical voting results:

ESOP Plan Approvals

The Employee Stock Option Plan 2026 and related subsidiary company ESOP grants received strong support:

Qualified Institutional Placement

The resolution for equity share issuance through qualified institutional placement received near-unanimous approval:

Regulatory Compliance and Documentation

The meeting proceedings were conducted in compliance with the Companies Act, 2013, and SEBI Listing Regulations under Regulation 30. Company Secretary Mr. Jitendra Kumar Sharma managed the compliance aspects, while the scrutinizer's report confirmed the validity of all voting processes.

The company has uploaded all relevant documents, including voting results and the scrutinizer's report, on its website at www.krnheatexchanger.com and NSDL's e-voting platform. The results have been simultaneously submitted to BSE and NSE as required under regulatory guidelines.