KCD Industries India Limited has successfully concluded its board meeting held on February 14, 2026, approving the company's unaudited standalone financial results for the third quarter ended December 31, 2025. The meeting, which commenced at 14:30 PM and concluded at 19:30 PM, was conducted at the company's registered office in compliance with regulatory requirements.

Board Meeting Outcome

The board of directors convened at the scheduled time to address key financial and regulatory matters. The meeting was held under the chairmanship of Managing Director Rajiv C. Darji (DIN: 02088219) at the company's registered office.

Key Approvals and Decisions

The board meeting resulted in the approval of several critical matters related to the company's financial reporting and regulatory compliance:

• Financial Results Approval: The board approved unaudited standalone financial results for the third quarter and nine months ended December 31, 2025, prepared under Indian Accounting Standards (IND-AS)
• Limited Review Report: Consideration of the limited review report pursuant to Regulation 33(2)(C) of SEBI (LODR) Regulations, 2015
• Regulatory Submission: Results submitted to BSE Limited under scrip code 540696 and ISIN INE185U01035

Auditor's Review Report

S Parekh & Associates, Chartered Accountants (Firm Registration No. 141579W), conducted the limited review of the financial results. Proprietor Sonal Parekh (Membership No. 139852) confirmed that the unaudited financial results have been prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and other accounting principles generally accepted in India.

Regulatory Compliance Framework

The financial results disclosure follows multiple regulatory requirements including Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company has also complied with additional disclosure requirements under SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, demonstrating its commitment to transparent corporate governance and timely disclosure of material information to stakeholders.

KCD Industries India Limited announced significant organizational changes following its board meeting held on February 11, 2026. The meeting, conducted at the company's registered office from 05:00 PM to 06:05 PM, addressed key appointments and resignations in compliance with SEBI regulations.

New Statutory Auditor Appointment

The board approved the appointment of M/s S Parekh & Associates, Chartered Accountants (FRN: 141579W), as the company's statutory auditors for FY 2025-26. This appointment remains subject to shareholder approval.

According to the company's disclosure, M/s S Parekh & Associates has a proven track record with multinational and reputed companies in India, bringing vast experience in statutory and internal audits of manufacturing companies.

Director Resignation

Mr. Akash Tarunkumar Shah resigned as Director from the company's board, effective December 26, 2025. His resignation letter cited non-compliance with SEBI LODR regulations, specifically regarding the conduct of shareholder meetings for regularization of directors.

In his resignation letter dated December 26, 2025, Mr. Shah stated that his decision followed "recent non-compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), specifically regarding conducting shareholder meeting for regularisation of Directors."

Additional Auditor Changes

The board also approved two other significant resignations, both effective January 23, 2026:

• M/s Deepak Patil & Co., Practicing Company Secretaries, resigned as Secretarial Auditors
• M/s J. Singh & Associates, Chartered Accountants (FRN: 110266W), resigned as Statutory Auditors

The company had previously intimated these resignations to the stock exchange. These changes represent a comprehensive restructuring of the company's audit framework, with new statutory auditors being appointed to replace the outgoing firm.

Regulatory Compliance

All announcements were made in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company provided detailed disclosures as required under the listing regulations and relevant SEBI circulars, ensuring transparency in corporate governance matters.

The board meeting outcome was signed by Rajiv C. Darji, Managing Director (DIN: 02088219), confirming the company's commitment to maintaining proper corporate governance standards despite the recent compliance challenges that led to the director's resignation.