Kings Infra Ventures Limited announced with profound sorrow the sudden demise of its Chairman Managing Director Mr. Shaji Baby John (DIN: 01018603), who passed away on December 14, 2025. The company informed BSE Limited about this significant development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Notification Details

The company's official communication to BSE Limited revealed that the incident came to the knowledge of the company on December 15, 2025 at 03:00 hours. The notification was filed with reference number KIVL/BSE/SEC/920 and addressed to the Department of Corporate Services at BSE Limited.

Leadership Legacy and Industry Contributions

Mr. Shaji Baby John was described as a towering visionary and pioneer of India's seafood exports and aquaculture sector. His leadership and statesmanship played a defining role in shaping the industry's ecosystem through close association with MPEDA and various government and industry institutions. He made enduring contributions to policy formulation, infrastructure development, and the global positioning of Indian seafood.

Under his stewardship, Kings Infra evolved into a professionally managed corporate entity grounded in integrity, innovation, sustainability, and excellence. The company noted that as a mentor and inspiration to many, his legacy of foresight, discipline, and commitment will continue to guide and strengthen the organization and the industry at large.

Emergency Board Meeting Outcomes

An Emergency Meeting of the Board of Directors was convened on December 15, 2025, at 11:00 AM to address the leadership transition. The board took several important decisions to ensure operational continuity:

Management Team Structure

The board directed the management to ensure continued smooth and effective functioning of the company's operations. The leadership team comprises seasoned professionals with extensive domain expertise across multiple areas:

• Mr. Sriram Inagalla: Chief Operating Officer - International Business
• Mr. Joseph Raghunath: Head of Operations - Seafood Exports
• Mr. Chandra Bhat: Chief Operating Officer - Aquaculture
• Mr. Lalbert Cherian: Chief Financial Officer
• Ms. T. Nanditha: Company Secretary
• Mr. Balagopal Veliyath: Executive Director

Collectively, the management team brings several decades of leadership experience across international business, seafood exports, aquaculture, finance, and corporate governance, positioning them well to drive operational continuity, strategic execution, and sustainable growth.

Operational Assurance

The Board of Directors placed on record its deep appreciation for Mr. Shaji Baby John's invaluable contribution, leadership, and dedicated services rendered to the company over the years. All the Directors and employees expressed their deep sympathy, sorrow and condolences to his family.

The company assured stakeholders that its operations, governance, and statutory compliances would continue smoothly without any disruption under the experienced leadership team. The board emphasized that the transition arrangements would maintain the company's commitment to excellence and strategic direction established under the late Chairman Managing Director's guidance.

Kings Infra Ventures Limited has announced plans to consolidate its operations into a single entity, focusing on the aquaculture and infrastructure sectors. This strategic move aims to unlock land value and enhance governance through active land development initiatives.

Strategic Consolidation

The company intends to combine its diverse operations into one unified entity, concentrating on two core divisions:

1. Seafood Aquaculture
2. Infrastructure Realty

This consolidation is expected to create a more streamlined and efficient business structure, potentially leading to improved operational synergies and better resource allocation.

Financial Implications

The consolidation strategy comes at a time when Kings Infra Ventures has shown significant growth in its financial position. Let's look at some key financial metrics from the company's balance sheet:

The company has demonstrated substantial growth across key financial indicators, with total assets increasing by 39.47% and shareholder's capital growing by 22.80% year-over-year.

Land Value Unlocking

A key aspect of this consolidation is the company's focus on unlocking land value. By actively developing its land assets, Kings Infra Ventures aims to maximize returns from its property holdings. This approach marks a shift from passive land banking to a more proactive strategy of land development and utilization.

Governance Enhancement

The consolidation is also expected to strengthen the company's governance structure. By bringing all operations under a single entity, Kings Infra Ventures may be able to implement more uniform and efficient management practices across its business lines.

Looking Ahead

As Kings Infra Ventures moves forward with this consolidation plan, investors and industry observers will be keen to see how the company leverages its strengths in aquaculture and infrastructure to drive growth and create value. The success of this strategic shift could potentially set a new course for the company's future in these key sectors.

Note: All financial figures are in Indian Rupees (₹) and are based on the latest available balance sheet data.