Krishna Filament 38th AGM Notice and FY26 Results

AGM Details

The 38th Annual General Meeting will be held on Wednesday, September 30, 2026 at 11:00 A.M. at the Registered Office of the Company at Betegaon Village, Boisar (East), Taluka Palghar, Dist. Palghar 401501.

Agenda Items

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements for the year ended March 31, 2026 with Reports of Board of Directors and Auditors

2. To appoint a director in place of Mr. Bhupat Chaniyara (DIN: 10327428) who retires by rotation and offers himself for re-appointment

3. To appoint and fix remuneration of Statutory Auditors - proposing M/s. VCA and Associates, Chartered Accountants (Firm Registration No.: 114414W) for their 1st term until the conclusion of 40th AGM in 2028

Special Business:

4. To appoint Ms. Kinjal Bhansali (DIN: 11927108) as Non-Executive Non-Independent Director

Financial Performance (FY 2025-26)

Revenue from Operations: ₹0 lakhs (no operations during the year)
Other Income: ₹8.00 lakhs (₹8.56 lakhs in FY25)
Profit/Loss before Tax: ₹(0.35) lakhs loss (₹0.56 lakhs profit in FY25)
Net Loss: ₹(0.35) lakhs (₹0.56 lakhs profit in FY25)
Earnings Per Share (EPS): ₹(0.00) (₹0.01 in FY25)
Paid-up Equity Share Capital: ₹778.63 lakhs (unchanged)

Shareholding Pattern (as of March 31, 2026)

Promoter Holding: 62.44% (48,62,091 shares)
Public Holding: 37.56% (29,24,209 shares)
Major Promoters: Krishnakumar Agarwal (26.91%), Daewoo Corporation Inc. (22.48%), Om Prakash Agarwal (7.47%)
Demat vs Physical: 58,46,679 shares in demat (75.08%), 19,39,621 shares in physical (24.92%)

Board Composition

Directors:

Mr. Bhupat Savajibhai Chaniyara - Executive Director & CEO (DIN: 10327428)
Mr. Jagdish Zalavadia - Executive Director & CFO (DIN: 10327440)
Mr. Madan Pandey - Independent Director
Ms. Kinjal Bhansali - Non-Executive Director (appointed September 07, 2026)

Key Managerial Personnel:

Mr. Bhupat Savajibhai Chaniyara - Chief Executive Officer
Mr. Jagdish Zalavadia - Chief Financial Officer
Mr. Sumit Gupta - Company Secretary & Compliance Officer

Director Changes

Ms. Harinakshi Amin, Non-Executive Independent Director, resigned due to personal reasons with effect from September 07, 2026. Ms. Kinjal Bhansali was appointed as Additional Director categorized as Non-Executive Non-Independent with effect from September 07, 2026.

Auditor Information

Current Auditors:

P R Agarwal & Awasthi, Chartered Accountants (Firm Registration No. 117940W)

Proposed New Auditors:

M/s. VCA and Associates, Chartered Accountants (Firm Registration No.: 114414W) for FY26-27 until 40th AGM in 2028

Corporate Actions

No dividend declared due to carried forward losses
No bonus issues, stock splits, or buybacks
No change in share capital during the year
No subsidiary, joint venture or associate companies

Financial Position (as of March 31, 2026)

Assets:

Total Assets: ₹71.16 lakhs (₹70.90 lakhs in FY25)
Property, Plant and Equipment: ₹31.25 lakhs (unchanged)
Investments: ₹0.38 lakhs (unchanged)
Cash and Cash Equivalents: ₹3.97 lakhs (₹2.34 lakhs in FY25)

Liabilities:

Total Equity: ₹(284.62) lakhs [negative] (₹(284.28) lakhs in FY25)
Unsecured Borrowings: ₹284.65 lakhs (unchanged)
Other Financial Liabilities: ₹67.28 lakhs (₹66.67 lakhs in FY25)

Other Disclosures

No operations during the year due to unavoidable circumstances
No related party transactions with promoters, directors, or KMPs
No deposits accepted from public
No corporate social responsibility activities (not applicable)
No employee drawing remuneration exceeding specified limits
No sexual harassment complaints received
No loans, guarantees, or investments made under Section 186

Voting Information

Cut-off date for voting eligibility: September 18, 2026
Proxy forms must be deposited 48 hours before meeting
Members can appoint proxies who need not be company members

Registrar & Share Transfer Agent

MUFG Intime India Private Limited, C-101, 247 Park, LBS Marg, Vikhroli (West), Mumbai-400083