Kallam Textiles Limited has received an official notice from the National Company Law Tribunal (NCLT) Amaravati Bench regarding insolvency proceedings initiated by Union Bank of India. The company disclosed this material information to BSE Limited on February 19, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Case Details and Timeline

The insolvency proceedings have been filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, with Union Bank of India's Asset Recovery Branch, Vijayawada acting as the financial creditor against Kallam Textiles Limited as the corporate debtor.

NCLT Order and Proceedings

The NCLT Amaravati Bench, comprising Hon'ble Member (Technical) Shri Umesh Kumar Shukla and Hon'ble Member (Judicial) Shri Kishore Vemulapalli, issued the order on February 11, 2026. During the initial hearing, there was no representation on behalf of the financial creditor when the matter was called.

The tribunal has directed the registry to issue notice to the respondents by speed post and inform the Chairman and Managing Director of Union Bank of India about the proceedings. The company has been given four weeks from receipt of notice to file their counter affidavit after serving a copy to the other side.

Regulatory Compliance

Kallam Textiles Limited, formerly known as Kallam Spinning Mills Limited, promptly informed the stock exchange about this development through its Company Secretary and Compliance Officer, Golagani Ramesh Kumar. The company has committed to providing further updates to the exchange regarding any developments in this matter.

Company Background

The company, incorporated in 1992 with CIN L18100AP1992PLC013860, operates from Chowdavaram, Guntur, Andhra Pradesh. It holds ISO 9001 certification and is listed on BSE with scrip code 530201. This legal development represents a significant challenge for the textile manufacturer as it navigates the insolvency proceedings initiated by one of its financial creditors.

Kallam Textiles Limited has published its unaudited financial results for the quarter ended December 31, 2025, in newspapers as required under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this compliance to the Bombay Stock Exchange on February 16, 2026.

Newspaper Publication Details

The company published its financial results in two newspapers on February 15, 2026, fulfilling its regulatory obligations. The publication was made in both English and vernacular languages to ensure wider accessibility for stakeholders.

Financial Performance Highlights

The company's unaudited financial results for the quarter ended December 31, 2025, show significant operational challenges. The results were approved by the Board of Directors in their meeting held on February 14, 2026.

Company Communication Framework

Kallam Textiles Limited maintains regular communication with stock exchanges and regulatory authorities. The company operates under Corporate Identification Number L18100AP1992PLC013860 and is headquartered in Chowdavaram, Guntur, Andhra Pradesh.

The complete unaudited financial results are available on the Stock Exchange website ( www.bseindia.com ) and the company's website ( www.ksml.in ) for detailed review by investors and stakeholders.