KVS Castings Limited has informed BSE about the updated Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) under Regulation 8(2) of SEBI PIT Regulations. The updated code was reviewed and approved by the Board of Directors at its meeting held on March 6, 2026.

Regulatory Compliance and Code Updates

The company has intimated the exchange through Company Secretary & Compliance Officer Shweta Mehrotra on March 7, 2026. This represents the second version of the code, with the initial version being approved on September 10, 2024. The latest update ensures alignment with PIT Regulation, 2015 requirements.

Key Code Provisions and Framework

The updated code establishes comprehensive guidelines for handling UPSI in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The code designates the Chief Executive Officer (CEO) as Chief Investor Relations Officer (CIRO) responsible for dealing with dissemination of information and disclosure of UPSI to stock exchanges.

The code defines UPSI as any information relating to the company or its securities that is not generally available and likely to materially affect the price of securities upon becoming public. This includes financial results, dividends, changes in capital structure, mergers and acquisitions, changes in key managerial personnel, fund raising, and various other material events.

Fair Disclosure Principles

The code incorporates eight key principles for fair disclosure as per SEBI regulations:

• Prompt public disclosure of UPSI that would impact price discovery
• Uniform and universal dissemination to avoid selective disclosure
• Designation of senior officer as chief investor relations officer
• Prompt dissemination of inadvertently disclosed UPSI
• Appropriate response to queries and market rumors
• Ensuring information shared with analysts is not UPSI
• Maintaining transcripts of analyst meetings on official website
• Handling UPSI on need-to-know basis

Digital Database and Internal Controls

KVS Castings Limited will maintain an electronic record containing details of persons with whom UPSI is shared, including their names, nature of shared UPSI, and PAN or other authorized identifiers. The digital database will include adequate internal controls such as time stamping and audit trails to ensure non-tampering.

Authority and Amendments

The Managing Director serves as the final deciding authority on legitimate purpose determinations for UPSI sharing. The Board of Directors retains authorization to modify the code as required to ensure ongoing compliance with SEBI regulations. The updated code will also be made available on the company's website at www.kvscastings.com .

KVS Castings Limited has announced two significant corporate developments following its board meeting held on March 06, 2025. The company has decided to relocate its registered office within the same city and has made a key leadership appointment as part of its organizational restructuring.

Board Meeting Outcome

The board meeting, which commenced at 2:30 p.m. and concluded at 5:30 p.m. on March 06, 2025, resulted in two major decisions. These announcements were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring all necessary disclosure requirements were fulfilled.

Registered Office Relocation

The board approved the shifting of the company's registered office within the same city to Village Baghelewala and Girdhiyai, Tehsil Kashipur, Distt- Udham Singh Nagar, Uttarakhand - 244713. This strategic relocation maintains the company's presence in Kashipur while optimizing its operational setup.

CEO Appointment

The company has promoted Mr. Sanjay Rajeshwar Agarwal to the position of Chief Executive Officer and Key Managerial Personnel. This appointment represents an internal promotion from his previous role as Vice President, Commercial of the company.

Professional Background

Mr. Agarwal brings substantial expertise to his new role with more than 39 years of experience across multiple sectors including metallurgy, foundries, automobile industry, and business management. His professional journey includes working with reputed groups in both India and China, providing him with valuable international exposure and diverse industry knowledge.

Company Operations

KVS Castings Limited, formerly known as KVS Castings Private Limited, operates multiple facilities in Uttarakhand. The company maintains its primary operations at B-25,29, Industrial Estate, Bazpur Road, Kashipur-244713, and has an additional facility at Village Girdhiyai, Aliganj Road, Kashipur-244713. The company secretary and compliance officer, Shweta Mehrotra, signed the official disclosure document on behalf of the company.