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.

KRN Heat Exchanger and Refrigeration Limited has filed its quarterly compliance certificate with the stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 7, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited. The certificate was issued by Bigshare Services Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Certificate Details and Confirmations

Bigshare Services Private Limited, in its certificate dated April 6, 2026, confirmed several key compliance aspects. The registrar verified that securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to the depositories and that these securities have been listed on the stock exchange where earlier issued securities are listed.

The certificate also confirms that security certificates received for dematerialization have been mutilated and cancelled after due verification by the depository participant. Additionally, the names of the depositories have been substituted in the register of members as registered owners within the required 15-day timeframe.

Quarter Activity Summary

A significant aspect of the certificate relates to the quarter's activity levels. Bigshare Services specifically confirmed that during the quarter ended March 31, 2026, no demat or remat requests were received for processing. This indicates minimal dematerialization activity for KRN Heat Exchanger and Refrigeration Limited's shares during this period.

Company Information

KRN Heat Exchanger and Refrigeration Limited operates from its registered and work office located at Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana – 301705, Rajasthan. The company secretary Jitendra Kumar Sharma digitally signed the submission on April 7, 2026.

This routine compliance filing demonstrates the company's adherence to SEBI regulations governing depositories and participants, ensuring transparency in share transfer and dematerialization processes.