Krypton Industries Limited announced significant board changes following a meeting held on February 18, 2026, at the company's head office. The board addressed key appointments and resignations in compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Director Appointment

The board approved the appointment of Ms. Vaishnavi Gupta as Additional Director in the Non-Executive Independent category. Her appointment is subject to shareholder approval and complies with Sections 149, 152, and other applicable provisions of the Companies Act, 2013.

Ms. Gupta brings expertise in finance and accounting to the board and is not debarred from holding directorship by any regulatory authority. The company confirmed she has no relationships with existing directors as defined under Section 2(77) of the Companies Act, 2013.

Director Resignation

The board accepted the resignation of Mr. Satadal Chattopadhyay from his position as Non-Executive Independent Director. His resignation became effective at the close of business hours on February 18, 2026.

Mr. Chattopadhyay confirmed in his resignation letter that there are no material reasons for his departure beyond those stated. The board placed on record its appreciation for his valuable contributions to the company during his tenure.

Meeting Details and Compliance

The board meeting commenced at 4:00 PM and concluded at 5:00 PM on February 18, 2026. The company has notified the Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited of these changes as required under regulatory frameworks.

All necessary disclosures have been made in accordance with SEBI circular requirements, with detailed annexures provided for both the appointment and resignation. The company will file the required forms with the Registrar of Companies and other regulatory authorities as mandated by law.

Krypton Industries Limited has announced a comprehensive postal ballot notice to seek shareholder approval for key board appointments and remuneration matters through remote e-voting, as disclosed in its regulatory filing dated February 23, 2026.

Key Proposals for Shareholder Approval

The company has outlined three special business items requiring member consent through the postal ballot process:

E-Voting Timeline and Process

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process for shareholders. The voting mechanism follows statutory requirements under Section 110 of the Companies Act, 2013.

Financial Performance and Business Context

The company operates in the manufacturing sector, specializing in wheelchairs, wheelchair parts and other medical equipment and assistive devices since commercial production commenced on April 6, 1990.

Board Composition Changes

The regularisation of both independent directors represents significant additions to the company's board structure. Mr. Mukul Banerjee possesses extensive experience in corporate governance and strategic management, while Ms. Vaishnavi Gupta is a B.Com graduate with specialization in accountancy, bringing finance and accounting expertise to board deliberations.

The remuneration proposal for Mr. Digvijay Singh Bardia, son of the Managing Director, seeks approval for doubling his annual compensation from ₹6,00,000 to ₹12,00,000. The increase reflects his expanded responsibilities in strategic planning, production oversight and overall company management.

Regulatory Compliance and Communication

The postal ballot notice has been issued in compliance with Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has published newspaper advertisements and will make the notice available on its website at www.kryptongroup.com , BSE Limited website, and CDSL's e-voting platform.

Shareholders whose email addresses are registered with the company or depositories will receive the postal ballot notice electronically. The results will be announced following prescribed regulatory procedures and communicated to stock exchanges, ensuring transparent disclosure to all stakeholders.