Kalyani forge Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key change in the company's leadership structure. The disclosure was made to stock exchanges on February 21, 2026, in compliance with regulatory requirements.

Key Personnel Change

Ms. Aishwarya Parwal has tendered her resignation from the position of Company Secretary and Compliance Officer, effective from the close of business hours on February 21, 2026. The resignation was attributed to relocation from Pune and other unavoidable personal reasons.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (LODR) Regulations, 2015. The announcement was made to both the Bombay Stock Exchange and National Stock Exchange of India, ensuring transparency with stakeholders.

Mrs. Rohini G. Kalyani, Executive Chairperson with DIN 00519565, signed the official disclosure letter. The company has committed to taking all necessary regulatory actions, including filing requisite forms with the Registrar of Companies and the Ministry of Corporate Affairs.

Resignation Details

In her resignation letter, Ms. Parwal expressed gratitude to the Board of Directors for their faith and support during her tenure. She specifically requested the company to handle all regulatory formalities and provide necessary intimations to stock exchanges to formalize the resignation.

The resignation encompasses her role as Company Secretary and Compliance Officer, as well as all other statutory and designated positions held within the organization. This change represents a significant transition in the company's key managerial personnel structure.

Kalyani Forge Limited announced its Q3FY26 investor presentation and conference call scheduled for February 12, 2026, alongside reporting record EBITDA margins despite mixed financial performance for the quarter ended December 31, 2025.

Investor Conference Call Details

The company has scheduled an analyst and investor conference call for February 12, 2026, with the investor presentation made available on the company's website at www.kalyaniforge.com . The presentation was submitted to both BSE (Scrip Code: 513509) and NSE (Symbol: KALYANIFRG) under Regulation 30 of SEBI Listing Regulations.

Financial Performance Highlights

The company achieved its highest-ever EBITDA margin of 15.7% in Q3FY26, demonstrating improved operational efficiency despite revenue challenges. Total income for the quarter stood at ₹58.22 crore compared to ₹59.37 crore in Q3FY25.

Strategic Business Developments

Kalyani Forge reported significant progress in its business optimization strategy, with OEM revenue reaching ₹35.0 crore in Q3FY26. The company has been implementing a three-phase business mix optimization focusing on product rationalization, customer quality upgrade, and volume optimization.

Management Changes and Governance

The board appointed Mr. Jagdish Baheti as Chief Financial Officer effective February 11, 2026. Baheti brings over 15 years of manufacturing industry experience, including previous roles as CFO at Delfingen and Hirschvogel Components India.

Capital Expenditure and Growth Strategy

The company has allocated ₹25.0 crore for FY26 capex, with 60% focused on future growth areas including driveline and axle segments. The capex strategy emphasizes upgrading asset base for predictable growth and removing operational bottlenecks.

The company continues to address auditor concerns regarding inventory valuation and internal controls while implementing SAP systems for improved financial governance. Management has made progress on reconciliation processes and appointed specialized personnel to strengthen compliance frameworks.