KRN Heat Exchanger and Refrigeration Ltd has announced the closure of its trading window effective October 1, 2026. This measure applies to all Designated Persons and their immediate relatives in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

The trading window will remain closed until 48 hours after the declaration of the company's un-audited financial results for the quarter and half year ending September 30, 2026. The specific date for the Board meeting to approve these results will be communicated separately.

Compliance Details

The company notified both the BSE and the National Stock Exchange of India Limited regarding this development on September 26, 2026. The notification was signed by Jitendra Kumar Sharma, Company Secretary.

KRN Heat Exchanger and Refrigeration Limited held its 9th Annual General Meeting (AGM) on September 25, 2026, at 3:00 pm through Video Conferencing. All five resolutions proposed by the Board were approved by shareholders with the requisite majority.

Proceedings and attendance

The meeting was chaired by Santosh Kumar Yadav, Chairman and Managing Director. The requisite quorum was present, with 46 members participating in the virtual session. Ketan Sharma, Chairman of the Audit, Nomination & Remuneration, and Stakeholders' Relationship Committees, also attended. The Company Secretary provided instructions for electronic voting, which remained open for 15 minutes after the conclusion of the discussion.

The Statutory Auditors' Report and Secretarial Audit Report for the financial year ended March 31, 2026, did not contain any qualifications, observations, or adverse remarks. Consequently, the Notice convening the AGM, the Board's Report, and the Auditors' Reports were taken as read by the members.

Voting results

The scrutiniser's report, submitted by Ms. Heena Lakhani of Deepak Arora & Associates, confirmed that all resolutions passed. The detailed voting outcomes are summarized below:

The re-appointment of Manohar Lal (DIN: 10040507), who retires by rotation, witnessed the highest dissent among the ordinary resolutions, with 1.77% of votes cast against it. In contrast, the special resolutions approving remuneration revisions for Chairman and Managing Director Santosh Kumar Yadav and Whole-time Director Anju Devi received near-unanimous support, with less than 0.01% opposition in each case.

Compliance and next steps

Members who registered as speakers were given the opportunity to raise queries, all of which were answered to their satisfaction. The e-voting facility was utilized to record votes on the agenda items. The voting results along with the consolidated Scrutinizer's Report have been made available on the Company's website and submitted to the stock exchanges.

The proceedings highlight a routine governance cycle focused on statutory compliances and executive compensation updates, with no contentious issues reported during the Q&A session.