Krypton Industries Limited has incorporated a subsidiary company to expand its business operations into the tyre manufacturing sector. The company announced the incorporation of Krypton Tyres Limited on February 26, 2026, in compliance with regulatory disclosure requirements.

Subsidiary Incorporation Details

The new subsidiary was incorporated under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Krypton Tyres Limited received its Certificate of Incorporation dated February 26, 2026, and has been assigned CIN U22119WB2026PLC287315 by the Registrar of Companies.

Capital Structure and Shareholding

The subsidiary has been established with a defined capital structure to support its manufacturing operations. Krypton Tyres Limited has been incorporated with an authorized share capital of ₹10,00,000, divided into 1,00,000 equity shares of ₹10 each.

Business Focus and Operations

Krypton Tyres Limited will operate in the manufacturing sector, specifically focusing on tyres and tyre products. This business line represents a strategic expansion for Krypton Industries Limited into the automotive components sector.

Management Structure

To ensure effective governance and operational alignment, Krypton Industries Limited has appointed key personnel from its existing management team to the board of the subsidiary. Two Directors and the Chief Financial Officer of Krypton Industries Limited have been appointed as Directors on the Board of Krypton Tyres Limited, ensuring strategic oversight and operational coordination between the parent and subsidiary companies.

Regulatory Compliance

The incorporation was completed in full compliance with regulatory requirements, with no additional governmental or regulatory approvals required for the establishment of the subsidiary. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, along with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Krypton Industries Limited announced significant board changes following a meeting held on February 18, 2026, at the company's head office. The board addressed key appointments and resignations in compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Director Appointment

The board approved the appointment of Ms. Vaishnavi Gupta as Additional Director in the Non-Executive Independent category. Her appointment is subject to shareholder approval and complies with Sections 149, 152, and other applicable provisions of the Companies Act, 2013.

Ms. Gupta brings expertise in finance and accounting to the board and is not debarred from holding directorship by any regulatory authority. The company confirmed she has no relationships with existing directors as defined under Section 2(77) of the Companies Act, 2013.

Director Resignation

The board accepted the resignation of Mr. Satadal Chattopadhyay from his position as Non-Executive Independent Director. His resignation became effective at the close of business hours on February 18, 2026.

Mr. Chattopadhyay confirmed in his resignation letter that there are no material reasons for his departure beyond those stated. The board placed on record its appreciation for his valuable contributions to the company during his tenure.

Meeting Details and Compliance

The board meeting commenced at 4:00 PM and concluded at 5:00 PM on February 18, 2026. The company has notified the Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited of these changes as required under regulatory frameworks.

All necessary disclosures have been made in accordance with SEBI circular requirements, with detailed annexures provided for both the appointment and resignation. The company will file the required forms with the Registrar of Companies and other regulatory authorities as mandated by law.