Kilburn Engineering Limited , a prominent player in the engineering sector, has announced a significant change in its stock exchange listings. The company has successfully completed the voluntary delisting of its equity shares from The Calcutta Stock Exchange Ltd (CSE), effective November 6, 2025. This move comes as part of the company's strategic decisions regarding its market presence.

Delisting Details

The delisting process, approved under the Securities and Exchange Board of India (SEBI) (Delisting of Equity Shares) Regulations, 2021, marks a shift in Kilburn Engineering's listing status. However, it's crucial to note that the company will continue to maintain its listing on BSE Limited, ensuring its presence on a recognized stock exchange with nationwide trading terminals.

Timeline of Events

Management Statement

Ranjit Pamo Lala, Managing Director of Kilburn Engineering Limited, confirmed the development in an official communication to BSE Limited. The company has assured stakeholders that it will continue to adhere to all necessary regulatory requirements and maintain transparency in its operations.

Implications for Investors

For investors and stakeholders, this move primarily affects the trading venue for Kilburn Engineering's shares. While the stock will no longer be available for trading on the Calcutta Stock Exchange, its continued listing on BSE Limited ensures that investors retain access to a liquid and widely recognized platform for trading the company's shares.

Recent Financial Developments

In a separate announcement, Kilburn Engineering Limited disclosed that Acuité Ratings & Research Limited has reaffirmed and assigned credit ratings to various facilities of the company. The ratings reflect a positive outlook, indicating potential financial stability and growth prospects.

The total bank credit facilities rated amount to Rs. 210.00 crore, reflecting the company's substantial financial engagements.

This delisting from CSE, coupled with the recent credit rating actions, showcases Kilburn Engineering's evolving market strategy and financial position. As the company continues its journey on BSE Limited, investors and market watchers will be keen to observe how these changes impact its market performance and overall business strategy in the coming months.

Kilburn Engineering Limited , a prominent player in the engineering sector, has announced significant changes in its leadership and positive developments in its subsidiary's business operations.

Leadership Change

Arvind Kumar Bajoria, the Whole-Time Company Secretary & Compliance Officer of Kilburn Engineering Limited, has tendered his resignation. In a letter dated August 8, 2025, Bajoria expressed his intention to pursue other career opportunities. The company's management has accepted his resignation, and he will be relieved of his responsibilities effective September 25, 2025.

In compliance with SEBI regulations, Kilburn Engineering confirmed that there are no material reasons for Bajoria's resignation other than those stated in his resignation letter. The company is expected to announce a successor in due course to ensure a smooth transition of responsibilities.

Subsidiary's Business Momentum

While Kilburn Engineering undergoes this leadership transition, its wholly-owned subsidiary, M.E Energy Pvt. Limited, has reported significant business gains. M.E Energy, specializing in energy recovery and cost reduction solutions, has secured multiple orders totaling ₹80.28 crore in the current quarter.

Key Highlights of M.E Energy's Recent Orders:

1. Entry into Ferro Alloys Sector: A ₹51.00 crore order marks M.E Energy's foray into the ferro alloys industry. The project involves executing a 12 MW Waste Heat Recovery (WHR) based Power Plant, which will utilize high-temperature furnace flue gases to generate clean energy.

2. Repeat Order from Shree Cement: The company received a ₹17.70 crore repeat order from Shree Cement Limited. This order is for supplying, installing, and commissioning non-conventional biomass fuel (paddy straw) fired Hot Air Generator (HAG) systems at Shree Cement's grinding units in Rajasthan and Uttar Pradesh.

Management Perspectives

K. Vijay Kartha, Managing Director of M.E. Energy Pvt. Ltd., expressed enthusiasm about the company's expansion into the ferro alloys sector and the trust shown by repeat customers like Shree Cement.

Amritanshu Khaitan, Director of Kilburn Engineering Ltd., highlighted the potential of M.E. Energy, stating, "With the capex committed, the company is well-positioned to scale up its turnover multi-fold in the years to come, further enhancing its role as a leading player in the clean energy and industrial heating sectors."

These developments underscore Kilburn Engineering's strategic focus on sustainable energy solutions and its ability to navigate leadership changes while maintaining business momentum through its subsidiaries.