KCD Industries India Limited has announced the resignation of both its statutory auditor and secretarial auditor, effective January 23, 2026. The company disclosed this development to BSE Limited on January 24, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Statutory Auditor Resignation Details

M/s J. Singh & Associates, Chartered Accountants (FRN: 110266W), tendered their resignation from the position of statutory auditor with immediate effect. The firm was appointed on September 30, 2024, with their term originally scheduled to expire on September 30, 2028.

The statutory auditor cited two primary reasons for resignation:

• Partner Resignation: A key partner primarily responsible for overseeing the company's audits recently resigned from the partnership, resulting in significant reduction in audit leadership capacity
• Acute Staff Constraints: Unexpected staff shortages and resource limitations prevented allocation of necessary team strength for timely and quality audit completion

Secretarial Auditor Resignation

M/s Deepak Patil & Co., Practicing Company Secretary (COP: 11592), also resigned from their position as secretarial auditor effective January 23, 2026. The firm was appointed on September 5, 2025, for a five-year term from the conclusion of the 40th Annual General Meeting.

Company Response and Next Steps

KCD Industries India Limited has confirmed that both auditors provided all required information under applicable regulations. The company stated that the Audit Committee and Board of Directors will take note of these resignations in their upcoming meetings and will take necessary steps to fill the casual vacancies through appointment of new statutory and secretarial auditors.

The company has submitted all required documentation to BSE Limited, including resignation letters and information required under SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019. Both auditors confirmed in their resignation letters that there are no other material reasons for their resignations beyond those stated.

Regulatory Compliance

The disclosure was made by Company Secretary and Compliance Officer Himanshu Gupta, ensuring compliance with SEBI regulations. Both auditors confirmed that there are no professional or other reasons requiring reporting to stakeholders under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

KCD Industries India Limited , a prominent player in the Indian industrial sector, has announced significant changes to its board composition and leadership structure, along with details of its upcoming 40th Annual General Meeting (AGM).

Board Appointments and Restructuring

The company's Board of Directors, in a meeting held on September 5, 2025, made several key appointments:

• Mr. Chirag Shah has been appointed as an Additional Director in the capacity of Executive Director. Mr. Shah, aged 32, brings expertise in finance and business management to the board.
• M/s. Deepak Patil & Co., a peer-reviewed practicing company secretarial firm, has been appointed as the Secretarial Auditor for a five-year term, subject to shareholder approval at the upcoming AGM.
• Mr. Himanshu Gupta has been appointed as the new Company Secretary & Compliance Officer, replacing Ms. Priyanka Dangayach, who resigned due to personal reasons.

Committee Reconstitution

Following these appointments, KCD Industries India has reconstituted its key committees:

1. Audit Committee
2. Stakeholder Relationship Committee
3. Nomination & Remuneration Committee

Mr. Chirag Shah has been inducted as a member across all these committees, effective from his appointment date.

40th Annual General Meeting

The company has scheduled its 40th AGM for September 30, 2025, to be held via video conferencing. Key agenda items include:

• Adoption of financial statements for the year ended March 31, 2025
• Re-appointment of Mr. Rajiv Chandulal Darji, who retires by rotation
• Regularization of Mr. Chirag Shah's appointment as Executive Director
• Appointment of three new Independent Directors:
  1. Mr. Hari Om Patidar
  2. Ms. Devyani Chhajed
  3. Ms. Ritu Tiwari

These Independent Directors were previously appointed on August 16, 2025, and their appointments will be placed for shareholder approval at the AGM.

Secretarial Auditor Appointment

The Board has recommended the appointment of M/s. Deepak Patil & Co. as the Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval at the AGM.

KCD Industries India Limited continues to strengthen its corporate governance structure with these strategic appointments and changes. The upcoming AGM will be a crucial event for shareholders to participate in these important decisions shaping the company's future leadership and compliance framework.

Investors and stakeholders are advised to review the detailed AGM notice for complete information on the resolutions and voting procedures.