Kundan Edifice Limited has informed the stock exchange of the completion of its payroll structure alignment and compensation practices in accordance with applicable wage-related labour codes. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was submitted to the National Stock Exchange of India Limited on 12/05/2026.

Compliance Update Under Regulation 30

The company has completed the required implementation of changes to its wage structure, encompassing alignment of wage definitions and standardization of compensation components. Additionally, Kundan Edifice has undertaken strengthening of its payroll systems and record-keeping processes to ensure adherence to the applicable regulatory framework.

The following table summarizes the key details of the disclosure as submitted to the exchange:

Company's Compliance Focus

According to the disclosure, the implementation reflects the company's focus on maintaining statutory compliance and strengthening internal processes to ensure transparency, consistency, and adherence to applicable regulatory requirements. The intimation was signed by Divyansh Mukesh Gupta, Managing Director (DIN: 06846463), on 12/05/2026.

Kundan Edifice Limited has informed the stock exchanges of a significant product development milestone, disclosing under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that it has undertaken the development of PVC Neon Extrusion products for rope light applications. The disclosure was made on 11/05/2026 and signed by Managing Director Divyansh Mukesh Gupta.

Product Development Overview

The company has developed and tested new PVC neon extrusion profiles as part of its ongoing product development initiatives. The development effort has been centred on three core attributes — product quality, flexibility, and durability — specifically targeting lighting applications. The developed profiles are currently being evaluated for manufacturing and application suitability, with the products now prepared for pilot production and further commercial evaluation.

The following table summarises the key details of the disclosure as filed with the exchange:

Strategic Context

The product development initiative has been undertaken to strengthen Kundan Edifice's product capabilities in the decorative and architectural lighting segment. By entering the PVC neon extrusion space, the company aims to broaden its portfolio to address growing demand in rope light and related lighting applications. The move represents a step in expanding the company's manufacturing scope beyond its existing product lines.

Current Status and Next Steps

As per the disclosure, the PVC Neon Extrusion products are presently at the pilot production stage, with commercial evaluation underway. The company has indicated that the developed profiles are being assessed for both manufacturing feasibility and application suitability before any broader rollout. No financial figures or timelines were disclosed in connection with this development initiative.