Kesoram Industries Appoints Sameer Kumar Ray as New Chief Financial Officer Aug 18, 2025
More news about Kesoram Industries
05Aug 25
Kesoram Industries Seeks Shareholder Approval for CEO Re-appointment Amid Post-Demerger Transition
Kesoram Industries Limited (KIL) has initiated a postal ballot to seek shareholder approval for re-appointing Radhakrishnan Padmalochanan as Whole-time Director and CEO for a one-year term from August 8, 2025, to August 7, 2026. The proposed remuneration remains unchanged at Rs 5.29 crores per annum plus allowances. The company cites the need for leadership continuity during its post-cement business demerger transition phase as the primary reason for the re-appointment. Voting will take place from August 6 to September 4, 2025, with results to be announced by September 6, 2025.
14Jul 25
Kesoram Industries Reports Widened Q1 Net Loss Amid Revenue Decline
Kesoram Industries Limited reported challenging Q1 results for FY2025-26. Revenue from operations decreased to ₹61.05 crore from ₹67.28 crore year-over-year. Consolidated net loss widened to ₹99.34 crore compared to ₹61.37 crore in the previous year. Total income stood at ₹73.36 crore. The company faced a loss of ₹9.62 crore from continuing operations before exceptional items and tax. An exceptional item of ₹89.81 crore further impacted the bottom line. Following the cement division demerger, Kesoram now operates in a single segment: Rayon, Transparent Paper, and Chemicals. Total expenses were ₹82.98 crore. The Board approved key appointments including Snehaa Shaw as Company Secretary and re-appointment of Mr. P. Radhakrishnan as Whole-Time Director & CEO.
28Mar 25
Kesoram Industries Shares Dip as Morgan Stanley Offloads Stake at Discount
Morgan Stanley sold 19.30 lakh shares of Kesoram Industries at Rs 4.20 per share, an 11% discount from the previous closing price. The stock closed at Rs 4.50, down 4.26%. Other stakeholders including Mundhra Homes, Devi Traders, and Ishaan Tradefin also participated in block deals, indicating a broader trend of stakeholder realignment.