Sri KPR Industries appointed Amarnath Narsing Rao Basha as the Chairman of the company with effect from October 1, 2026. This appointment follows the completion of the second and final term of Independent Director Naveena Thammishetty Chandra, who ceased to hold office on September 30, 2026.

Director Cessation Details

Naveena Thammishetty Chandra (DIN: 00231636) served as an Independent Director for two terms. His tenure concluded upon the close of business hours on September 30, 2026. The Board of Directors and management expressed gratitude for his contribution and stewardship during his tenure.

The cessation was disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that the reason for the change was the completion of his tenure, not resignation or removal.

New Leadership Appointment

Amarnath Narsing Rao Basha (DIN: 11257312) assumed the role of Chairman immediately following Chandra's departure. The appointment ensures continuity in the board's leadership structure. Details regarding the new Chairman were enclosed in Annexure A of the regulatory filing.

Key Governance Changes

The transition highlights a routine governance update aligned with SEBI regulations regarding the maximum tenure of independent directors. No other material changes to the board composition were reported in the immediate disclosure.

Sri KPR Industries Limited shareholders approved all eight resolutions proposed at the company's 38th Annual General Meeting held on September 30, 2026. The voting results, disclosed to BSE Limited on October 1, 2026, indicate unanimous support for key corporate actions including dividend declaration and board appointments.

Voting outcomes

The meeting was conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM), with voting facilitated through remote e-voting and electronic voting during the session. The total number of votes polled across all resolutions was 14,611,685. For every resolution, votes in favour stood at 14,611,681, representing nearly 100% of the votes polled. Only four votes were cast against each resolution, while twenty votes were abstained from.

The following table summarizes the voting results for the primary resolutions:

Key approvals

Shareholders adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The board's recommendation to declare a dividend for FY26 was also ratified by the members.

Significant governance changes were approved through special resolutions:

• Appointment of Sudhakar Chittepuru as an Independent Director.
• Re-appointment of Kishan Reddy Nalla as Managing Director.
• Approval for the continuation of Bhoopal Reddy Aleti as Whole-Time Director after attaining the age of 70 years.

Additionally, ordinary resolutions passed for the re-appointment of directors Srinath Reddy Nalla and Bhoopal Reddy Aleti, who retired by rotation. Amarnath Narsing Rao Basha was re-designated as Chairman of the company.

Shareholder participation

The scrutinizer's report noted that the remote e-voting period ran from September 27 to September 29, 2026. During the AGM itself, shareholders present via video conferencing cast their votes using the Instapoll facility provided by KFin Technologies Limited. The total outstanding shares represented in the voting process amounted to 20,145,695, with promoters and promoter group holding a significant portion of the voting power.