Kisan Mouldings Limited has announced a comprehensive restructuring of its promoter shareholding through multiple off-market transactions completed on December 24, 2025. The restructuring involved the complete divestment of shares by one promoter entity and their redistribution among three individual promoters within the same group.

Complete Divestment by Polsons Traders LLP

Polsons Traders LLP, which formed part of the promoter group, disposed of its entire shareholding in the company. The entity sold all 36,29,246 equity shares through off-market transactions, completely exiting its equity position in Kisan Mouldings Limited. This divestment triggered disclosure requirements under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Acquisitions by Individual Promoters

The divested shares were acquired by three individual promoters within the same promoter group through inter-promoter transfers:

Regulatory Compliance and Documentation

All transactions were conducted in accordance with SEBI regulations, with the company filing comprehensive disclosures under Regulation 29(2) of the SEBI SAST Regulations. Each acquiring promoter submitted individual disclosure formats detailing their shareholding positions before and after the acquisitions. The transactions were classified as inter-promoter transfers among the promoter group members.

Transaction Structure and Methodology

The entire restructuring was executed through off-market transactions, ensuring minimal market disruption while maintaining the shares within the promoter group. Each individual promoter's acquisition resulted in increased shareholding percentages, necessitating separate regulatory filings. The company has submitted all required documentation to BSE Limited, including transaction-wise details and updated shareholding patterns.

Impact on Promoter Group Structure

While Polsons Traders LLP no longer holds any equity shares in the company, the overall promoter group shareholding remains unchanged as the shares were transferred to other promoter group members. This internal restructuring represents a reorganization of shareholding within the existing promoter framework rather than any change in overall promoter control or external ownership transfer.

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.

Additionally, Kisan Mouldings Limited shareholders approved the reclassification of 6 promoter group members holding 3.35% equity stake from promoter category to public category through postal ballot on November 30, 2025. This reclassification affects Vijay Jagannath Aggarwal, Amita Ashok Aggarwal, Ashok Jagannath Aggarwal, Ashok J. Aggarwal HUF, Gaurav Ashok Aggarwal, and Radhika Ashok Aggarwal, further reducing the company's promoter group concentration.

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.