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 has announced a comprehensive postal ballot notice to seek shareholder approval for key board appointments and remuneration matters through remote e-voting, as disclosed in its regulatory filing dated February 23, 2026.

Key Proposals for Shareholder Approval

The company has outlined three special business items requiring member consent through the postal ballot process:

E-Voting Timeline and Process

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process for shareholders. The voting mechanism follows statutory requirements under Section 110 of the Companies Act, 2013.

Financial Performance and Business Context

The company operates in the manufacturing sector, specializing in wheelchairs, wheelchair parts and other medical equipment and assistive devices since commercial production commenced on April 6, 1990.

Board Composition Changes

The regularisation of both independent directors represents significant additions to the company's board structure. Mr. Mukul Banerjee possesses extensive experience in corporate governance and strategic management, while Ms. Vaishnavi Gupta is a B.Com graduate with specialization in accountancy, bringing finance and accounting expertise to board deliberations.

The remuneration proposal for Mr. Digvijay Singh Bardia, son of the Managing Director, seeks approval for doubling his annual compensation from ₹6,00,000 to ₹12,00,000. The increase reflects his expanded responsibilities in strategic planning, production oversight and overall company management.

Regulatory Compliance and Communication

The postal ballot notice has been issued in compliance with Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has published newspaper advertisements and will make the notice available on its website at www.kryptongroup.com , BSE Limited website, and CDSL's e-voting platform.

Shareholders whose email addresses are registered with the company or depositories will receive the postal ballot notice electronically. The results will be announced following prescribed regulatory procedures and communicated to stock exchanges, ensuring transparent disclosure to all stakeholders.