Krupalu Metals Limited appointed Sumita Mansukhbhai Solanki as an Additional Non-Executive Non-Independent Director, effective October 6, 2026. The appointment follows the resignation of Anjali Hukam Bhai Jeshani from the same board position on the same date.

Board meeting outcomes

The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Solanki’s appointment is subject to approval by the members of the company. She is liable to retire by rotation.

Concurrently, the Board took on record the resignation of Anjali Hukam Bhai Jeshani (DIN: 10692753) from her position as Non-Executive Non-Independent Director. Her resignation letter cited personal commitments as the reason for leaving the board.

Director profiles

Solanki brings over 10 years of experience in accounting, finance, taxation, and compliance. Her expertise includes maintaining books of accounts, preparing financial statements, bank reconciliations, and handling GST and TDS compliance. She is proficient in accounting software and ERP systems with a strong understanding of Indian accounting standards.

Jeshani’s resignation letter confirmed that there were no material reasons for her departure other than those mentioned, and no other material concerns required disclosure to shareholders.

Regulatory disclosures

The company filed these changes with the BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both directors are not related to any other directors of the company. Neither director is debarred from holding office by any SEBI order or authority.

Krupalu Metals shareholders overwhelmingly approved the company's audited financial statements for FY26 and other key resolutions at its 18th Annual General Meeting on August 27, 2026. The scrutinizer report confirmed a 99.91% approval rate across all ordinary and special business resolutions.

Ms. Urmi Katariya, Chief Financial Officer, chaired the session via video conference after Managing Director Jagdishbhai P. Katariya stepped aside due to language preferences. The meeting commenced at 12:30 pm following the ascertainment of a requisite quorum.

Voting Results

The final vote count, scrutinized by Mr. Sumit Bajaj of Sumit Bajaj & Associates, showed strong shareholder backing for all agenda items. Remote e-voting was conducted from August 24, 2026, at 9:00 am until August 26, 2026, at 5:00 pm. An additional 15-minute window was provided post-conclusion for members who had not voted earlier.

The high level of consensus indicates robust shareholder alignment with management's proposals. Only 3,200 votes were cast against each resolution, representing just 0.09% of the total valid votes cast.

Shareholder Composition and Voting Breakdown

Detailed data from the scrutinizer's report reveals the voting behavior across different shareholder categories. The promoter group held 4,000,000 shares and voted 34,99,999 shares in favor, resulting in a 100% approval rate within their polled votes. Public institutional shareholders held 1,04,000 shares and also voted unanimously in favor.

All dissenting votes originated from the public non-institutional category. This group held 17,68,000 shares but only polled 3,200 votes, all of which were cast against the resolutions. Consequently, the total turnout among non-institutional public shareholders was minimal at 0.18%.

Key Resolutions Passed

Shareholders approved ordinary resolutions for the following matters:

• Adoption of the audited financial statements for the year ended March 31, 2026, along with reports from the Board of Directors and Statutory Auditors.
• Reappointment of Mr. Navinbhai Katariya (DIN: 06578565) as a director, replacing his term which expired by rotation.
• Appointment of M/S Sunit M. Chhatbar & Co., Chartered Accountants (FRN: 141068w), as Statutory Auditors.
• Filling of a casual vacancy in the office of Statutory Auditor caused by the resignation of existing auditors, also appointing M/S Sunit M. Chhatbar & Co.

The meeting concluded at 12:50 pm with a vote of thanks from the Chairperson.