Kisan Mouldings Limited , a prominent player in the plastic industry, has recently announced its unaudited financial results for the quarter and half year ended September 30, 2025, along with a significant corporate action proposal. The company's performance and strategic moves have caught the attention of market observers.

Financial Performance

For the quarter ended September 30, 2025, Kisan Mouldings reported a profit after tax of Rs 339.16 lacs. This positive financial outcome demonstrates the company's ability to generate profits in the current market conditions.

Promoter Reclassification Proposal

In a move that could potentially alter its ownership structure, Kisan Mouldings' Board has approved a postal ballot notice seeking shareholder approval for the reclassification of certain promoters. The proposal involves shifting 3.35% of the company's equity from the 'Promoter and Promoter Group Category' to the 'Public Category'.

The reclassification encompasses nine promoter entities, including:

• Vijay Jagannath Aggarwal
• Vijay J. Aggarwal HUF
• Other unnamed promoter entities

This strategic decision could impact the company's shareholding pattern and potentially influence its governance structure.

Voting Process

Shareholders will have the opportunity to voice their opinion on this proposed reclassification through a postal ballot. The key dates for this process are as follows:

The outcome of this vote will be crucial in determining the future ownership structure of Kisan Mouldings Limited.

Implications and Outlook

The proposed reclassification of promoters, if approved, could lead to changes in the company's shareholding pattern. This move may have implications for the company's governance and decision-making processes. Shareholders and market analysts will be closely watching the results of the postal ballot and its potential impact on the company's future direction.

As Kisan Mouldings navigates through these corporate actions while maintaining profitability, stakeholders will be closely monitoring the company's performance and strategic decisions in the coming months.

Kisan Mouldings Limited (KML), a leading player in the plastic industry, has announced several significant developments in its recent board meeting held on August 4, 2025. The company has made key appointments, released its quarterly financial results, and approved requests for promoter reclassification.

New Company Secretary Appointment

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has approved the appointment of Ms. Falak Mody as the Company Secretary & Compliance Officer, effective August 4, 2025. Ms. Mody, a qualified Company Secretary (ACS-68214), brings over five years of experience in corporate governance, SEBI compliance, and secretarial functions.

Q1 Financial Results

KML has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025:

The company has shown a modest profit in both standalone and consolidated results, with a revenue from operations of Rs. 6,149.38 lacs for the quarter.

Promoter Reclassification

The Board has approved requests from ten promoter group members for reclassification from the 'Promoter and Promoter Group' category to the 'Public' category. These members collectively hold 46,80,506 equity shares, representing 3.93% of the company's paid-up capital. The reclassification is subject to shareholder approval and receipt of 'No Objection Certificate' from the BSE Limited.

Key promoters seeking reclassification include:

• Veena Vijay Aggarwal (1.11% shareholding)
• Amit Vijay Aggarwal (0.75% shareholding)
• Ashok Jagannath Aggarwal (0.61% shareholding)
• Radhika Ashok Aggarwal (0.43% shareholding)

The outgoing promoters have confirmed that they do not hold more than 10% of the voting rights, do not exercise control over the company's affairs, and have no special rights through formal or informal arrangements.

Appointment of Secretarial Auditor

The Board has also approved the appointment of M/s. Nidhi Bajaj & Associates, a peer-reviewed firm of Practicing Company Secretaries, as the Secretarial Auditor for a term of five consecutive years from FY 2025-2026 to FY 2029-2030. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

These developments reflect Kisan Mouldings Limited's commitment to strengthening its corporate governance and transparency.