Meeting Details

The 46th Annual General Meeting of KG Petrochem Limited was held on Wednesday, August 26, 2026, at 12:00 PM (IST) at the Corporate Office of the company situated at 6th Floor, No. 602, Monarch Building, Amrapali Marg, Vaishali Nagar, Jaipur-302021, Rajasthan.

The meeting was conducted in compliance with General Circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI), and as per applicable provisions of the Companies Act, 2013 and Rules made thereunder.

Attendance and Quorum

Mr. Gauri Shanker Kandoi, Chairman cum Whole Time Director of the Company, confirmed that requisite quorum was present and called the meeting to order. Directors and other dignitaries were introduced to attendees.

Financial Performance Review

The Chairman briefed members on operational and financial performance for FY 2025-26 (ended March 31, 2026):

  • Revenue from Operations: ₹31,365.62 lakhs
  • Profit Before Tax: ₹595.10 lakhs
  • Profit After Tax: ₹445.13 lakhs

Division-wise Performance

  • Textile Division: Principal contributor with revenue of ₹26,917.98 lakhs, including export sales of ₹20,794.21 lakhs
  • Agency Division: Continued consignment stockist operations for GAIL (India) Limited
  • Technical Textile Division: Impacted by subdued demand and competition

Business Environment Challenges

The Company operated in a challenging environment due to:

  • Raw material price volatility
  • Intense competition
  • Impact of U.S. tariff measures on export demand

Future Strategy

The Company will focus on:

  • Customer expansion
  • Cost optimization
  • Operational efficiency
  • Product innovation
  • Export growth
  • Market diversification

Management remains confident about the Company's long-term growth prospects.

Voting Process

The Company provided remote e-voting facility from Sunday, August 23, 2026 at 09:00 AM to Tuesday, August 25, 2026 at 05:00 PM, and e-voting during the AGM. Mr. Sandeep Kumar Jain, Designated Partner of M/s ARMS and Associates LLP, Practicing Company Secretaries, Jaipur, was appointed as Scrutinizer.

Business Transacted

The following items from the Notice of AGM dated July 30, 2026 were presented for approval:

Ordinary Business

1. Adoption of audited Financial Statements for year ended March 31, 2026 together with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Re-appointment of Mr. Gauri Shanker Kandoi (DIN: 00120330) who retires by rotation (Ordinary Resolution)

Special Business

3. Re-appointment of Mr. Manish Singhal (DIN: 00120232) as Managing Director (Special Resolution)

4. Re-appointment of Mrs. Prity Singhal (DIN: 02664482) as Whole-time Director (Special Resolution)

5. Re-appointment of Mr. Gauri Shanker Kandoi (DIN: 00120330) as Chairman cum Whole Time Director (Special Resolution)

6. Appointment of Mr. Anjal Kejriwal (DIN: 11331629) as Independent Non-executive Director (Special Resolution)

7. Approval for issuance of Corporate Guarantee in favour of M/s. Suave Casa Ideas Private Limited (Special Resolution)

Auditor Reports

The Statutory Auditor's Report and Secretarial Auditor's Report were noted to contain no qualifications/observations.

Results Declaration

The consolidated results of voting along with Scrutinizer Report will be declared within 2 working days of the meeting conclusion and placed on the Company's website and submitted to the Stock Exchange.

Meeting Conclusion

The meeting ended at 12:35 PM with a vote of thanks to the Chair and members present.