Kama Holdings Limited has announced the resignation of Jagdeep Singh Rikhy from his position as Independent Director, effective October 31, 2025. The company disclosed this information in a filing to the BSE Limited, in compliance with SEBI regulations.

Key Details of the Resignation

• Member of the Risk Management Committee
• Member of the Stakeholders Relationship Committee |

Implications and Company Response

Mr. Rikhy's departure marks a significant change in Kama Holdings' board composition. In his resignation letter, he cited other professional commitments as the primary reason for his decision to step down. The company has confirmed that there are no other material reasons for his resignation beyond those mentioned.

Kama Holdings, in accordance with regulatory requirements, has promptly disclosed this development to the stock exchange. The company's Whole Time Director, CFO & Company Secretary, Ekta Maheshwari, signed the intimation letter to the BSE.

Corporate Governance Perspective

This resignation highlights the importance of board dynamics and the challenges companies face in maintaining a balance between directors' external commitments and their responsibilities to the organization. It also underscores the need for companies to have succession plans in place for key board positions to ensure smooth transitions and continued effective governance.

Kama Holdings will now need to address the vacancies left by Mr. Rikhy, particularly in crucial roles such as the Chairman of the Audit Committee. The company has not yet announced any plans for his replacement, but stakeholders will likely be watching closely for updates on this matter.

As the markets digest this news, investors and analysts may be keen to understand the potential impact on Kama Holdings' corporate governance structure and any subsequent appointments to the board.

Kama Holdings Limited has announced a substantial interim dividend, showcasing strong financial performance and shareholder value creation.

Dividend Details

The Board of Directors of KAMA Holdings, in a meeting held on August 19, 2025, approved an interim dividend of 182.50%, which translates to Rs. 18.25 per equity share. This decision underscores the company's commitment to rewarding its shareholders amidst what appears to be a robust financial period.

Key Dates for Shareholders

Shareholders whose names appear on the Register of Members and beneficial owners, as per the details received from National Securities Depository Limited and Central Depository Services (India) Limited, on the record date will be eligible for this dividend.

Recent Corporate Actions

The announcement of this interim dividend comes on the heels of KAMA Holdings' 25th Annual General Meeting (AGM), which was held on August 13, 2025. During this AGM, conducted through video conferencing, several key resolutions were passed:

1. Adoption of Standalone and Consolidated Audited Financial Statements for FY 2024-25
2. Re-appointment of Mr. Kartik Bharat Ram (DIN 00008557) as a director
3. Re-appointment of M/s V Sahai Tripathi & Co. as the Statutory Auditors
4. Appointment of M/s. Sanjay Grover & Associates as Secretarial Auditors

All resolutions were passed with the requisite majority, indicating shareholder confidence in the company's governance and future direction.

Management Commentary

Ekta Maheshwari, Whole-time Director, CFO & Company Secretary of KAMA Holdings, signed off on the dividend declaration, reinforcing the company's commitment to transparent communication with its shareholders and the stock exchange.

The substantial interim dividend of 182.50% suggests that KAMA Holdings is in a strong financial position, potentially reflecting positive business performance in the ongoing fiscal year. However, investors should note that dividend declarations, while positive, should be considered alongside other financial metrics and market conditions when making investment decisions.

As KAMA Holdings continues to navigate the fiscal year, stakeholders will be keen to observe how this generous dividend payout aligns with the company's overall financial strategy and future growth plans.