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.

KRN Heat Exchanger and Refrigeration has scheduled analyst and investor meetings on September 29 and 30, 2026. The company will engage in one-on-one sessions with Capital Group, USA, and The International Investor.

Meeting details

The company announced back-to-back engagement sessions with analysts and investors across two consecutive days. These meetings provide stakeholders an opportunity to interact with the company's representatives. The schedule was filed pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Schedule specifics

The first meeting is scheduled for September 29, 2026, starting at 11:30 am IST. This session will be conducted virtually with Capital Group, USA. The second meeting is set for September 30, 2026, beginning at 12:30 pm IST. This interaction with The International Investor will take place as a physical meeting at the company's facility in Neemrana, Rajasthan.

Regulatory compliance

The company stated that no unpublished price sensitive information (UPSI) is intended to be discussed during these interactions. The schedule is subject to changes due to exigencies on the part of the analysts, investors, or the company.