Krishanveer Forge Limited has disclosed comprehensive details of its land disposal agreement with Hydrolines (Bangalore) Private Limited under Regulation 30 of SEBI Listing Regulations. The Board of Directors approved the transaction on February 10, 2026, involving strategic land parcels in Maharashtra.

Land Disposal Agreement Details

The company has entered into an agreement for the sale, lease, licence, grant of easement rights, or disposal of land portions totaling approximately 2,401.99 square meters to Hydrolines (Bangalore) Private Limited. The transaction involves specific land parcels located at Village Kharabwadi, Taluka Khed, District Pune, Maharashtra.

The primary purpose of this land disposal is to facilitate Hydrolines (Bangalore) Private Limited's access to the nearby Talegaon Chakan road, enhancing connectivity for their operations.

Key Terms and Conditions

The agreement includes several significant terms that govern the transaction until the execution of the final sale deed. Hydrolines will receive an option to purchase the land at the offer price after adjusting the consideration amount already paid.

The company maintains the right to revoke the agreement at any point of time at its discretion. Hydrolines is restricted from subletting, leasing, licensing, or transferring the property to any third party before the execution of the sale deed.

Development and Usage Rights

Under the agreement terms, Hydrolines is permitted to make specific improvements to the land parcel. The company can erect a gate at the entrance point for security purposes and is allowed to improve or develop the land parcel for access way purposes at their own cost.

Hydrolines bears full responsibility for any mishap, accident, loss, or damage arising from the use of the premises or during development work execution. The existing outer stone wall must be kept intact, and fencing is restricted to the designated internal area only.

Regulatory Compliance and Related Party Status

The transaction does not constitute a related party transaction, as confirmed in the regulatory disclosure. Krishanveer Forge holds no shareholding in Hydrolines (Bangalore) Private Limited, and the parties are not related to the promoter, promoter group, or group companies.

The ownership and all rights related to the land portion will transfer to Hydrolines only upon execution of the sale deed, transfer deed, or conveyance document. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Krishanveer Forge Limited has announced that its Board of Directors will convene on February 10, 2026, to review and approve the company's unaudited financial results for the quarter and nine months ended December 31, 2025. The announcement was made through a formal communication to BSE Limited on February 03, 2026, in accordance with regulatory requirements.

Board Meeting Details

The meeting has been scheduled in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will primarily focus on considering and approving the unaudited financial results for Q3FY26 and the nine-month period ending December 31, 2025. Additionally, other matters may be discussed with the permission of the Chair.

Trading Window Closure

In line with regulatory protocols, krishnaveer forge has implemented a trading window closure to prevent insider trading during the financial results declaration period. The company had previously notified on December 25, 2025, that the trading window would remain closed from January 01, 2026, until 48 hours after the financial results announcement.

The trading window timeline has now been clarified with specific dates. The window will remain closed until February 12, 2026, representing the 48-hour period following the financial results declaration. Normal trading activities will resume on February 13, 2026, when the window reopens.

Company Information

Krishnanveer Forge Limited operates under CIN L28910PN1990PLC056985 and trades on BSE with scrip code 513369. The company's registered office is located at Off. No. 511 to 513, Global Square, S. No. 247, 14B, Yerawada, Pune-411 006. The formal communication was signed by Mahendra Samdole, Company Secretary and Compliance Officer, ensuring proper regulatory compliance and stakeholder notification.