Keerthi Industries Limited , a prominent player in the cement sector, has reported its financial results for the second quarter of fiscal year 2026, revealing a challenging period for the company. The board meeting, held on November 13, 2025, also saw the appointment of a new Company Secretary and Compliance Officer.

Financial Performance

The company's financial results for Q2 FY2026 paint a picture of increased losses and reduced revenue:

For the half-year period, Keerthi Industries reported:

The cement segment, a key business area for the company, recorded a loss of ₹610.84 lakh before tax and finance costs in Q2.

Corporate Updates

In a significant move, the board has approved the appointment of Ms. Anupama Iyer as the new Company Secretary and Compliance Officer, effective November 13, 2025. Ms. Iyer brings valuable experience to the role:

• Associate member of the Institute of Company Secretaries of India (ICSI)
• Bachelor's Degree in Commerce
• Expertise in NBFC compliances and company law
• Experience in secretarial practices, including ROC compliances and SEBI listing regulations

Business Restructuring

Keerthi Industries is in the process of transferring its Electronics Division business to Hyderabad Bottling Co. Pvt. Ltd. through a slump sale. This division has been classified as discontinued operations, signaling a strategic shift in the company's focus.

The financial results and corporate actions reflect Keerthi Industries' efforts to navigate challenging market conditions while streamlining its operations. The appointment of Ms. Iyer as Company Secretary may bring fresh perspectives to the company's compliance and corporate governance practices. Investors and stakeholders will likely be watching closely to see how these changes impact the company's performance in the coming quarters.

Keerthi Industries Limited , a prominent player in the Indian industrial sector, has announced a significant change in its corporate structure. The company's Board of Directors has accepted the resignation of Ms. Ashdeep Kaur from her position as Company Secretary and Compliance Officer, effective October 31, 2025.

Resignation Details

Ms. Kaur, in her resignation letter, cited several reasons for her departure:

• Seeking new challenges
• Desire for learning opportunities to enhance her skillset
• Lack of career advancement prospects

The Board of Directors formally accepted her resignation during a meeting held on October 31, 2025. The meeting commenced at 1:00 PM and concluded at 1:30 PM.

Interim Arrangement

To ensure continuity in compliance matters, the company has announced that Mr. Seshagiri Rao Jasti, the Managing Director, will serve as the Compliance Officer for all listing regulations compliance. This arrangement will remain in place until a new Company Secretary cum Compliance Officer is appointed.

Transition Process

Keerthi Industries has emphasized its commitment to ensuring a smooth transition of responsibilities. Ms. Kaur, in her resignation letter, expressed her willingness to complete any pending tasks and assist in the handover process effectively.

Regulatory Compliance

In accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Keerthi Industries has made the necessary disclosures to the BSE Limited. The company has provided the following details as per regulatory requirements:

This corporate development underscores the importance of maintaining strong governance structures and the challenges companies face in retaining key compliance personnel. Investors and stakeholders will likely be watching closely to see how Keerthi Industries manages this transition and appoints a new Company Secretary and Compliance Officer.