Sri KPR Industries Limited, a manufacturer of "SVP" brand A.C. Pr. Pipes under the MAZZA Process, has received requests from two individuals to be reclassified from the 'Promoter Group' category to the 'Public' category of shareholders.

Reclassification Requests

The company received formal requests from Hemanth Reddy Gaddam and Gaddam Madhumathi seeking reclassification under Regulation 31A of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations.

Shareholding Details

The reclassification requests provide insight into the current shareholding of the individuals:

Reasons for Reclassification

Both individuals have stated that they are no longer associated with the company's business operations. They have confirmed that they:

• Do not influence business decisions
• Are not involved in day-to-day activities of the company
• Do not exercise control over the affairs of the company

Regulatory Compliance

In their requests, Hemanth Reddy Gaddam and Gaddam Madhumathi have certified compliance with various regulatory conditions, including:

• Not holding more than 10% of the total voting rights in the company
• Not having any special rights through formal or informal arrangements
• Not representing on the board of directors or acting as key managerial personnel
• Not being classified as 'wilful defaulters' or fugitive economic offenders

Next Steps

The reclassification requests will need to be reviewed and approved by the company's Board of Directors and shareholders, as well as the stock exchanges, in accordance with SEBI regulations. The individuals have committed to complying with the relevant regulations for a period of at least three years from the date of reclassification, if approved.

Sri KPR Industries Limited has duly informed the BSE about the receipt of these reclassification requests, as required under Regulation 31A(8) of the SEBI LODR Regulations. The company's management will process these requests in line with the regulatory framework and keep the market informed of any developments in this regard.

Investors and market participants are advised to monitor further announcements from the company for updates on the reclassification process and its potential impact on the shareholding structure.

Sri KPR Industries Limited, a manufacturer of A.C. Pressure Pipes under the SVP brand, has reported a significant decline in its financial performance for the first quarter of the fiscal year 2026. The company's results, reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2025, reveal challenges in revenue generation and profitability.

Revenue Contraction

For the quarter ended June 30, 2025, Sri KPR Industries reported total income from operations of Rs. 52.62 lakhs. This represents a substantial decrease compared to:

• Rs. 119.62 lakhs in the previous quarter (Q4 FY2025)
• Rs. 175.08 lakhs in the same quarter of the previous year (Q1 FY2025)

The year-over-year decline of approximately 70% indicates a significant contraction in the company's business activities during the quarter.

Profitability Challenges

The company's bottom line also faced considerable pressure:

• Net loss of Rs. 5.81 lakhs for Q1 FY2026
• This contrasts with a net profit of Rs. 15.56 lakhs in the previous quarter (Q4 FY2025)
• And a net profit of Rs. 146.22 lakhs in the corresponding quarter of the previous year (Q1 FY2025)

The shift from a substantial profit to a loss position year-over-year suggests that the company is facing significant operational challenges.

Financial Position

Despite the decline in performance, Sri KPR Industries maintained stability in its equity base:

• Equity share capital remained constant at Rs. 2014.57 lakhs

Audit and Approval Process

The company adhered to proper governance procedures:

• The Q1 FY2026 results were reviewed by the Audit Committee
• Subsequently approved by the Board of Directors at their meeting on August 13, 2025

Industry Context

As a manufacturer of A.C. Pressure Pipes, Sri KPR Industries operates in the construction and infrastructure sector. The significant decline in revenue and profitability may be indicative of broader challenges in these industries, potentially including reduced demand or increased competition.

Investor Considerations

Investors and stakeholders may need to closely monitor the company's performance in the coming quarters to assess whether this decline is a temporary setback or indicative of more persistent challenges. The management's strategies to address these issues and return to profitability will be crucial for the company's future outlook.

Sri KPR Industries Limited will need to focus on cost management, operational efficiency, and potentially exploring new market opportunities to improve its financial performance in the subsequent quarters of FY2026.