KVS Castings Limited has issued a comprehensive postal ballot notice for the re-appointment of Mr. Jaswinder Singh Ahluwalia as an Independent Director for a second term of five consecutive years. The company announced that remote e-voting will be available from April 17, 2026, at 09:00 AM to May 16, 2026, at 05:00 PM through NSDL's e-voting platform.

Newspaper Advertisement Publication

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, KVS Castings Limited published the postal ballot notice advertisement in newspapers on April 16, 2026. The company informed BSE Limited about the publication through a formal intimation letter.

Postal Ballot Process Details

The postal ballot process has been structured in accordance with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The company has appointed Nishi & Associates, Practicing Company Secretaries (COP: 26395) from Kashipur, as the scrutinizer for conducting the voting process.

Director Re-appointment Resolution

The special resolution seeks approval for Mr. Jaswinder Singh Ahluwalia's (DIN: 03311764) re-appointment as Independent Director for a second term commencing from June 9, 2026, to June 8, 2031. The 67-year-old director, who holds an MBA from Punjab Agricultural University, brings expertise in finance and investment advisory.

E-voting Process and Eligibility

Shareholders registered as of the cut-off date of April 15, 2026, are eligible to participate in the remote e-voting process. The company is sending the postal ballot notice only in electronic form to members whose email addresses are registered with the company, Registrar and Transfer Agent, or depositories.

The voting process accommodates different categories of shareholders, including those holding securities in demat mode with NSDL or CDSL, and those holding shares in physical form. Individual shareholders can access e-voting through their depository accounts, while institutional shareholders must provide board resolutions and authority letters.

Regulatory Compliance and Timeline

The postal ballot notice complies with various MCA circulars issued between 2020-2024 for conducting postal ballot processes through electronic means. The scrutinizer will submit the voting results report within two working days of the e-voting conclusion, and results will be displayed on the company's website and communicated to BSE Limited.

The company's registered office is located at Village Girdhiyai & Baghelewala, Aliganj Road, Kashipur, Uttarakhand, and operates under CIN L27100UR2019PLC012217. CS Shweta Mehrotra, Company Secretary & Compliance Officer (M. No.: A23938), signed the intimation letter to BSE regarding the newspaper publication.

KVS Castings Limited has received credit ratings from Crisil Ratings Limited for its bank loan facilities, marking a significant milestone in the company's financial profile. The foundry division company informed the stock exchange about this development as part of its regulatory compliance obligations.

Credit Rating Details

Crisil Ratings Limited has assigned comprehensive credit ratings to KVS Castings Limited's banking facilities. The rating assessment covers the company's ability to meet its financial obligations and reflects its creditworthiness in the market.

The BBB-/Stable rating indicates that the company has adequate capacity to meet its financial commitments, with the stable outlook suggesting that the rating is unlikely to change in the near term. The A3 short-term rating reflects adequate liquidity and cash flow to meet short-term obligations.

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by informing BSE Limited on April 06, 2026, pursuant to Regulation 30(6) read with Schedule III, Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Shweta Mehrotra signed the disclosure document, ensuring proper compliance with listing requirements.

The rating information has been made available to stakeholders through multiple channels:

• Filed with BSE Limited for public disclosure
• Uploaded on the company's official website at kvscastings.com
• Rating letter from Crisil Ratings Limited attached to the filing

Rating Process and Acceptance

The rating process involved comprehensive evaluation by Crisil Ratings, with the company accepting the assigned ratings on March 31, 2026. Director Puneet Mittal formally accepted the ratings on behalf of KVS Castings Limited, enabling Crisil to publish and maintain surveillance on these ratings.

Crisil Ratings will keep the assigned ratings under continuous surveillance and may revise them as circumstances warrant. The rating agency has clarified that these ratings reflect their current opinion on the likelihood of timely payment of obligations and do not constitute investment recommendations.

Company Profile

KVS Castings Limited, formerly known as KVS Castings Private Limited, operates in the foundry sector with facilities located in Uttarakhand. The company's registered office is situated in Village Girdhiyai & Baghlelwala, Aliganj Road, Kashipur, with additional works at Industrial Estate, Bazpur Road, Kashipur.