Kesar Terminals & Infrastructure Limited (KTIL) has announced significant corporate actions following a board meeting held on October 10, 2025. The company's Board of Directors has made key decisions regarding dividend distribution and the rescheduling of its Annual General Meeting (AGM).

Dividend Announcement

The Board has recommended a final dividend for the fiscal year 2024-25, demonstrating the company's commitment to shareholder returns. Here are the key details of the dividend:

The proposed dividend is subject to shareholder approval at the upcoming AGM. Once approved, KTIL has committed to disbursing the dividend within 30 days from the date of the AGM.

AGM Rescheduling

KTIL has made the following adjustments to its AGM schedule:

1. Withdrawal of the previously announced 17th AGM, originally set for October 24, 2025.
2. Rescheduling of the 17th AGM to November 7, 2025.

The rescheduled AGM will be held at 3:00 p.m. (IST) and will be conducted through Video Conferencing (VC) or other audio-visual means (OAVM), facilitating wider shareholder participation.

Board Meeting Details

The board meeting where these decisions were made took place on October 10, 2025. The meeting commenced at 3:00 p.m. and concluded at 4:00 p.m., as disclosed in the company's regulatory filing.

These corporate actions reflect KTIL's adherence to regulatory requirements and its commitment to keeping shareholders informed about important company matters.

Kesar Terminals & Infrastructure Limited , a prominent player in the infrastructure sector, has announced significant changes to its board composition and leadership team, along with setting the date for its upcoming Annual General Meeting (AGM).

New Board Appointments

The company's Board of Directors has recommended the appointment of two new members to strengthen its leadership:

1. Mrs. Natasha H. Kilachand has been proposed as a Non-Executive Director. At 57, Mrs. Kilachand brings 28 years of experience in branding and merchandising to the table. A Commerce graduate from the University of Mumbai, she also holds professional certifications in Computer Programming and Software. Her expertise spans establishing and managing businesses engaged in branding and merchandising for corporate clients, serving both domestic and export markets. Mrs. Kilachand is the spouse of Shri Harsh Kilachand, the Executive Chairman of the company.

2. Mr. Mahesh A. Kuvadia, 71, has been recommended for the position of Non-Executive, Independent Director. Mr. Kuvadia is a Commerce graduate with a law degree and is a Fellow Member of the Institute of Company Secretaries of India (ICSI). He brings 36 years of government experience, having retired as Regional Director at the Ministry of Corporate Affairs. His extensive background includes serving on the boards of several stock exchanges and representing India on international committees.

Leadership Changes

In a strategic move, the company has appointed Shri Vipul Doshi as the Chief Executive Officer (CEO) while retaining his current role as Chief Financial Officer (CFO). Doshi, a Commerce Graduate and Fellow Chartered Accountant (F.C.A.), brings 40 years of experience in finance, accounts, costing, taxation, auditing, and budgeting to this expanded role.

Annual General Meeting

Kesar Terminals & Infrastructure has scheduled its 17th Annual General Meeting for October 24, 2025. This meeting will provide an opportunity for shareholders to engage with the company's leadership and discuss recent developments.

Board Meeting Details

The board meeting where these decisions were made took place on September 26, 2025. It commenced at 11:15 a.m. and concluded at 12:00 noon. The company has duly informed the BSE Ltd. about these developments in compliance with SEBI regulations.

These strategic appointments and leadership changes are expected to bring fresh perspectives and expertise to Kesar Terminals & Infrastructure Limited, potentially driving the company's growth and operational efficiency in the coming years.