KAMA Holdings Limited's Board of Directors has approved a significant proposal regarding its material subsidiary SRF Limited. The board meeting, held on February 17, 2026, concluded with the approval of a plan to dispose of shares representing up to 3% of SRF Limited's paid-up share capital.

Board Decision and Regulatory Compliance

The disposal proposal requires shareholder approval through a special resolution before implementation. The board meeting commenced at 11:30 AM and concluded at 1:15 PM, with the decision made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The proposed transaction carries significant implications as it may result in KAMA Holdings' shareholding in SRF Limited falling below the 50% threshold of SRF's paid-up share capital, potentially affecting the subsidiary relationship structure.

Financial Significance of SRF Limited

SRF Limited's contribution to KAMA Holdings' consolidated financials demonstrates the subsidiary's critical importance to the parent company's operations:

These figures from the last financial year highlight SRF Limited's dominant role in KAMA Holdings' overall financial performance, contributing nearly the entire turnover and a substantial portion of the consolidated net worth.

Transaction Details and Timeline

The disposal process is structured with specific parameters and safeguards:

Market Execution Strategy

The company has confirmed that all transactions will be executed in the open market, ensuring transparency and fair pricing. Importantly, no promoter, member of the promoter group, or group company will participate in these transactions, maintaining arm's length dealing principles.

The disposal does not fall within any scheme of arrangement and is not classified as a related party transaction, simplifying the regulatory compliance requirements for the proposed sale.

Regulatory Disclosures

KAMA Holdings has made the requisite disclosures under Regulation 30 read with Schedule III of the SEBI Listing Regulations and the SEBI Master Circular dated January 30, 2026. The company has provided comprehensive details about the subsidiary's contribution and the proposed transaction structure to ensure full transparency with stakeholders and regulatory authorities.

KAMA Holdings Limited has completed the regulatory requirement of publishing its Q3FY26 financial results in newspapers, following the earlier announcement of strong quarterly performance.

Regulatory Compliance and Publication

The company submitted newspaper clippings to BSE Limited on February 11, 2026, confirming publication of its unaudited financial results for the quarter and nine months ended December 31, 2025. The results were published in The Financial Express (English) and Jansatta (Hindi) newspapers in compliance with Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting and Results Approval

The Board of Directors had earlier approved the unaudited financial results at their meeting held on February 5, 2026, which commenced at 12:00 noon and concluded at 1:05 p.m. The results were signed by Ekta Maheshwari, Whole-Time Director, CFO & Company Secretary, and Kartik Bharat Ram, Chairman (DIN: 00008557).

Key Financial Performance Q3FY26

The published results showcase strong performance across the company's diversified business segments:

Auditor Review and Documentation

V Sahai Tripathi & Co., Chartered Accountants (Firm Registration No. 000262N), conducted the limited review of both standalone and consolidated financial results. The review was completed in accordance with Standards on Review Engagement (SRE) 2410, as issued by The Institute of Chartered Accountants of India.

Corporate Information

The company maintains its registered office at Unit No. 236 & 237, 2nd Floor, 3LF Galleria, Mayur Palace, Mayur Vihar Phase-1 Extension, Delhi 110091, with corporate office at Block-C, Sector-45, Gurgaon 122 003, Haryana.