Krishna Capital & Securities Limited has announced the resignation of its Chief Financial Officer, marking a significant change in the company's key management personnel.

Board Approval and Timeline

The Board of Directors approved the resignation at their meeting held on February 27, 2026, which commenced at 04:00 PM and concluded at 05:00 PM. The resignation takes effect from February 27, 2026.

Resignation Details

Mr. Agrawal submitted his resignation letter on February 23, 2026, citing personal reasons and pursuing other avenues in his professional career. He has confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.

Regulatory Compliance Framework

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed disclosure includes all required information under the SEBI master circular no SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company's Response

Krishna Capital & Securities Limited has placed on record its deep appreciation for the services rendered by Mr. Vinodkumar Babulal Agrawal. The company acknowledged his contributions during his tenure as the Chief Financial Officer. The resignation was accepted with effect from February 27, 2026, as confirmed by the company's official stamp and acceptance notation.

The disclosure was signed by Managing Director Ashokkumar Agrawal (DIN 00944735) on behalf of the company, ensuring proper corporate governance protocols were followed during this key management personnel transition.

Krishna Capital & Securities Limited has completed significant leadership changes following its board meeting held on February 27, 2026. The company announced the re-appointment of Mr. Ashokkumar Agrawal as Chairman and Managing Director and approved the change in designation of Mr. Vinodkumar Agrawal from Executive Director to Non-Executive Director.

Chairman and Managing Director Re-appointment

The board approved the re-appointment of Mr. Ashokkumar Agrawal (DIN: 00944735) as Chairman and Managing Director for a five-year term, effective from April 01, 2026 to March 31, 2031. The re-appointment is subject to approval from shareholders at the forthcoming Annual General Meeting.

Mr. Ashokkumar Agrawal brings over 25 years of extensive experience in finance, banking, share trading, and management operations. He has been associated with the company since its incorporation and is not debarred from holding the office of director by any SEBI order or other regulatory authority.

Director Designation Change

The board approved the change in designation of Mr. Vinodkumar Agrawal (DIN: 00413378) from Executive Director to Non-Executive Director, effective February 27, 2026. The company stated there is no material reason for this designation change.

CFO Appointment Completed

Alongside these leadership changes, the company had previously appointed Mr. Raj Kishorkumar Gajjar as Chief Financial Officer and Key Managerial Personnel, effective February 27, 2026. Mr. Gajjar, a Commerce graduate from VNSGU with over 15 years of experience in finance and business management, replaced Mr. Vinodkumar Agrawal in the CFO role.

Committee Reconstitution and Governance

The board approved comprehensive reconstitution of key committees effective February 27, 2026, ensuring proper governance structure and regulatory compliance. The new committee compositions reflect strategic alignment with corporate governance best practices.

Regulatory Compliance

The company communicated all board decisions to BSE Limited under Script Code 539384, ensuring compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Detailed disclosures under applicable SEBI regulations have been submitted to maintain transparency in corporate governance practices. The information is also available on the company's website at www.kcsl.co.in .