Kanchi Karpooram Limited , a leading player in the camphor and related products industry, has announced several key decisions following its recent board meeting. The company's board has approved the unaudited financial results for the quarter ended June 30, 2025, and made important recommendations regarding dividend and executive appointments.

Financial Results and Dividend

The board of directors approved the unaudited financial results for the first quarter of the fiscal year 2025-26. M/s. P. Chandrasekar LLP, the statutory auditors, issued an unmodified opinion on both the standalone and consolidated financial statements for the quarter.

In a move that will likely please shareholders, the board has recommended a final dividend of Rs 1.00 per equity share (10% on face value of Rs 10.00) for the financial year ended March 31, 2025. This dividend recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Annual General Meeting and Important Dates

The company has scheduled its 32nd AGM for September 20, 2025, at 11:00 AM IST. In line with ongoing trends, the meeting will be conducted through video conference or other audio-visual means.

Key dates for shareholders to note include:

The dividend, if approved by shareholders, will be paid within 30 days from the declaration at the AGM.

Executive Reappointments

The board has approved the reappointment of three key executives, subject to shareholder approval at the upcoming AGM:

1. Mr. Dipesh Suresh Jain has been reappointed as Managing Director, with the designation of Joint Managing Director, for a five-year term effective September 25, 2025.

2. Mr. Arun Shah Veerchand has been reappointed as Whole-time Director for a five-year term, also effective September 25, 2025.

3. Mr. Rajagopalan Kannan has been reappointed as an Independent Director for a second term of five years, effective August 24, 2025.

These reappointments reflect the company's confidence in its current leadership team and its commitment to maintaining stability in its executive ranks.

The board meeting, which commenced at 11:45 AM and concluded at 12:30 PM, has set the stage for Kanchi Karpooram's corporate activities in the coming months. Shareholders and investors will be keenly watching the company's performance in the quarters ahead, as well as the outcomes of the upcoming AGM.

Kanchi Karpooram Limited (KKL), a key player in the camphor and related products industry, has announced an extension to its timeline for acquiring the remaining stake in its subsidiary. The company is set to complete the acquisition of the remaining 49% equity shares in Kanchi Agro Product Private Limited by August 31, 2025.

Extended Acquisition Timeline

In a regulatory filing dated July 31, 2025, Kanchi Karpooram Limited informed the BSE about the mutually agreed extension for completing the acquisition. This decision comes as the conditions precedent to the transaction are still in the process of being fulfilled. The company had previously communicated about this acquisition on May 27, 2025, and June 30, 2025.

Background of the Acquisition

Kanchi Agro Product Private Limited, already a subsidiary of Kanchi Karpooram, is set to become a wholly-owned subsidiary once the transaction is complete. This move is likely part of KKL's strategy to strengthen its position in the agro-product sector, complementing its core business in camphor and related products.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. K Abirami, the Company Secretary and Compliance Officer of Kanchi Karpooram Limited, signed the regulatory filing, ensuring transparency and timely disclosure to the shareholders and the market at large.

Implications for Investors

While the extension of the acquisition timeline doesn't immediately alter the company's financial position, it's an important development for investors to monitor. The completion of this acquisition could potentially impact the company's future financial performance and market position.

Investors and market watchers will likely keep a close eye on further updates regarding the fulfillment of conditions precedent and the final closure of this acquisition deal by the new deadline of August 31, 2025.