Krypton Industries Limited has successfully concluded its postal ballot process, with shareholders approving all three special resolutions through remote e-voting. The company announced the results on March 26, 2026, following the completion of the voting period that ran from February 24 to March 25, 2026.

Postal Ballot Overview

The postal ballot process was conducted exclusively through remote e-voting, with the company appointing Mr. Altab Kazi Uddin as the scrutinizer to ensure fair and transparent proceedings. The voting commenced at 09:00 am IST on Tuesday, February 24, 2026, and concluded at 05:00 pm IST on Wednesday, March 25, 2026.

Special Resolutions Approved

Shareholders voted on three special business items, all of which received overwhelming approval:

Resolution 1: Regularization of Mr. Mukul Banerjee as an Independent Director (Non-Executive Independent Director) Resolution 2: Regularization of Mrs. Vaishnavi Gupta as an Independent Director (Non-Executive Independent Director)
Resolution 3: Approval for Payment of Remuneration to Mr. Digvijay Singh Bardia exceeding the limits prescribed under Section 196, 197 and other applicable provisions of the Companies Act 2013

Voting Results Summary

The e-voting participation showed strong support across all resolutions, with 60 shareholders casting votes totaling 3017169 shares, representing 20.53% of the company's outstanding shares of 14697130.

Shareholder Category Participation

The voting pattern showed significant participation from the promoter and promoter group, who held 3863497 shares and voted 3012595 shares, representing a 77.98% participation rate from this category. Public non-institutional shareholders, holding 10830733 shares, had minimal participation with only 4574 votes cast, representing 0.04% participation. Public institutional shareholders, holding 2900 shares, did not participate in the voting process.

Regulatory Compliance

The postal ballot process was conducted in accordance with Regulation 44(3) read with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the voting results along with the scrutinizer's report with the Bombay Stock Exchange Limited and The Calcutta Stock Exchange Limited. The detailed voting results and scrutinizer's report are also available on the company's website at www.kryptongroup.com for shareholders' reference.

Krypton Industries Limited has incorporated a subsidiary company to expand its business operations into the tyre manufacturing sector. The company announced the incorporation of Krypton Tyres Limited on February 26, 2026, in compliance with regulatory disclosure requirements.

Subsidiary Incorporation Details

The new subsidiary was incorporated under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Krypton Tyres Limited received its Certificate of Incorporation dated February 26, 2026, and has been assigned CIN U22119WB2026PLC287315 by the Registrar of Companies.

Capital Structure and Shareholding

The subsidiary has been established with a defined capital structure to support its manufacturing operations. Krypton Tyres Limited has been incorporated with an authorized share capital of ₹10,00,000, divided into 1,00,000 equity shares of ₹10 each.

Business Focus and Operations

Krypton Tyres Limited will operate in the manufacturing sector, specifically focusing on tyres and tyre products. This business line represents a strategic expansion for Krypton Industries Limited into the automotive components sector.

Management Structure

To ensure effective governance and operational alignment, Krypton Industries Limited has appointed key personnel from its existing management team to the board of the subsidiary. Two Directors and the Chief Financial Officer of Krypton Industries Limited have been appointed as Directors on the Board of Krypton Tyres Limited, ensuring strategic oversight and operational coordination between the parent and subsidiary companies.

Regulatory Compliance

The incorporation was completed in full compliance with regulatory requirements, with no additional governmental or regulatory approvals required for the establishment of the subsidiary. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, along with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.