Kanoria Chemicals & Industries Limited held its Board Meeting on 25th May 2026, which commenced at 11:45 a.m. and concluded at 3:45 p.m. The meeting addressed several key agenda items under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Results Approval
The Board considered and approved the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended 31st March 2026. The Statutory Auditors, Singhi & Co, issued Audit Reports with unmodified opinion on these financial results, in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015.
Dividend Recommendation
The Board recommended no dividend for the financial year 2025-26.
Director Re-appointment
The Board approved the re-appointment of Smt. Suhana Murshed (DIN: 08572394) as an Independent Director for a second term of 5 years, effective from 29th June 2026 to 28th June 2031. This re-appointment is subject to approval by the shareholders of the Company.
Smt. Suhana Murshed is approximately 43 years old and is a corporate lawyer with over 18 years of experience. She specializes in transactional work with primary focus on mergers and acquisitions, private equity investments, and strategic alliances. She advises multinational clients on India entry strategies, inbound investments, and foreign exchange laws. Her M&A and private equity experience spans sectors including FMCG, retail, manufacturing, information technology (IT), and IT enabled services. She was recognized as a Notable Practitioner in the IFLR 1000 Rankings for 2020 and 2021.
She currently holds directorship and committee memberships in Kanoria Chemicals & Industries Limited and XPRO India Limited. She is not debarred from holding the office of director by any SEBI order or other authority, and there are no disclosed relationships between directors.
Auditor Appointments
The Board re-appointed M/s. Pawan Gupta & Co, Chartered Accountants (Firm Registration No. 318115E), as the Internal Auditor of the Company for the Financial Year 2026-27, effective from 1st April 2026. M/s. Pawan Gupta & Co is a Kolkata-based firm of Chartered Accountants that is approximately 38 years old.
The Board also re-appointed M/s. N. D. Birla & Co, Chartered Accountants (Registration Number 000028), as the Cost Auditor of the Company for the Financial Year 2026-27, effective from 1st April 2026. M/s. N. D. Birla & Co is a Cost Accountant firm based in Ahmedabad, Gujarat, operating since 1976 with branches in New Delhi, Mumbai, Vadodara, and Indore.
Both auditor appointments were made based on recommendations from the Audit Committee.