Kanoria Energy & Infrastructure Approves Q1 Results, Announces Leadership Changes and Proposed Name Change

Kanoria Energy & Infrastructure Limited , in a recent board meeting, has made several key decisions affecting its financial results, leadership structure, and corporate identity.

Financial Decisions

The board approved the unaudited financial results for the quarter ended June 30, 2025. Additionally, they approved the payment of dividends on 5% redeemable preference shares for the same quarter, demonstrating the company's commitment to delivering value to its shareholders.

Leadership Changes and Remuneration Revisions

Several significant leadership decisions were made during the board meeting:

1. Mr. Kuldeep Kaw has been re-appointed as Whole Time Director for a period of 5 years.
2. The annual remuneration for key executives has been revised to up to Rs. 12.00 lakh each for:
   • Shri Sanjay Kumar Kanoria, Managing Director
   • Smt. Priyadarshinee Kanoria, Whole Time Director
   • Shri Anish Kanoria, Senior Executive (Son of Shri Sanjay Kumar Kanoria)

Changes in Secretarial Audit

The company has undergone changes in its secretarial audit arrangements:

• M/s Anil Somani & Associates have resigned as the Secretarial Auditor.
• M/s Varun Kabra & Associates have been appointed as the new Secretarial Auditor for a period of 5 years, subject to approval by the company's members.

Proposed Name Change

The board has approved a proposal to change the company's name from 'Kanoria Energy & Infrastructure Limited' to 'A Infrastructure Limited'. This change is subject to approvals from the company's members, the Bombay Stock Exchange (BSE), and other regulatory authorities.

Additional Board Approvals

The board meeting, which took place on August 5, 2025, from 3:00 PM to 4:10 PM, also saw the approval of the directors' report along with annexures for the financial year 2024-25.

These decisions reflect Kanoria Energy & Infrastructure's efforts to streamline its operations, revise executive compensation, and potentially reposition itself in the market with a new corporate identity. The impact of these changes on the company's performance and market perception will be closely monitored in the coming months.