KCD Industries India Limited, a company listed on the Bombay Stock Exchange (BSE), has witnessed a significant change in its shareholding pattern. Rajiv Chandulal Darji, a promoter of the company, has completely divested his stake in an off-market transaction.

Key Details of the Transaction

• Seller: Rajiv Chandulal Darji (Promoter)
• Shares Sold: 52,84,286 equity shares
• Stake Percentage: 20.9% of the total share capital
• Transaction Date: August 12, 2025
• Mode of Transfer: Off-market transaction

New Investors and Their Stakes

The shares were acquired by six individuals, none of whom belong to the promoter or promoter group. The distribution of shares among the new investors is as follows:

Impact on Company Structure

• The total equity share capital of KCD Industries India Limited remains unchanged at 2,52,88,554 shares with a face value of Re. 1 each.
• This transaction marks the complete exit of Rajiv Chandulal Darji from the company's shareholding.
• The new investors now collectively hold the 20.9% stake previously owned by the promoter.

Regulatory Compliance

The company has made the necessary disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This ensures transparency and keeps the market informed about significant changes in the company's ownership structure.

This development represents a notable shift in the ownership dynamics of KCD Industries India Limited, potentially influencing the company's future direction and governance. Investors and market watchers will likely keep a close eye on any subsequent changes or announcements from the company following this substantial stake transfer.

KCD Industries India Limited , a Mumbai-based company, has announced its quarterly financial results along with key appointments in a recent board meeting. The company reported a profit and made strategic decisions regarding its auditing processes.

Financial Performance

KCD Industries India Limited reported a revenue from operations of ₹85.00 lakh for the quarter. The company's total expenses stood at ₹71.40 lakh, resulting in a profit of ₹10.58 lakh from continuing operations.

The company's performance can be summarized in the following table:

The earnings per share (EPS) for the quarter was reported at ₹4.19, both basic and diluted.

New Appointments

In addition to the financial results, the board of KCD Industries India Limited approved two significant appointments:

1. Secretarial Auditor: M/s. Ajay Yadav & Associates, Practicing Company Secretaries (PR No.: 6776/2025), has been appointed as the Secretarial Auditor for the fiscal year 2024-25. The firm brings over a decade of experience in secretarial practices, including audits of listed and unlisted companies, FEMA compliance, and corporate governance.

2. Internal Auditor: M/s. SN & Co., Chartered Accountants (FRN: 128887W), has been appointed as the Internal Auditor for the fiscal year 2025-26. This firm has more than 15 years of experience in financial reporting, operational and internal auditing, corporate governance, and risk advisory services.

Both appointments are for a term of one year, effective from July 25, 2025.

Board Meeting Details

The board meeting where these decisions were made took place on Friday, July 25, 2025, at the company's registered office. The meeting commenced at 5:30 PM and concluded at 6:15 PM.

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors. Additionally, the Statutory Auditors have carried out a "Limited Review" of the financial results for the quarter ended June 30, 2025, in compliance with SEBI regulations.

KCD Industries India Limited continues to operate within a single business segment, and the company states that provisions for taxes, if any, will be made at the end of the year.

The company's management, led by Managing Director Rajiv Darji, has ensured compliance with the Indian Accounting Standards (Ind AS) and other recognized accounting practices and policies in preparing the financial statements.

As KCD Industries India Limited moves forward with these new appointments and positive financial results, stakeholders will be watching closely to see how these developments impact the company's future performance and governance.