Meeting Details

The Board of Directors meeting was held on Thursday, August 13th, 2026 through hybrid mode at the Corporate Office (B10, 2nd Floor, Triveni Courtt, K P Vallon Road, Kadavanthra, Kochi – 682020) and via Video Conferencing/Other Audio Visual Means. The meeting commenced at 3:30 PM and concluded at 8:20 PM.

Financial Results Approval

The Board considered, approved and took note of the standalone & consolidated unaudited Financial Results and Limited Review Report for the quarter ended 30th June, 2026.

Mr. Lalbert Cheriyan, Chief Financial Officer of the Company presented the analysis of the financial results.

Standalone Financial Results (Quarter ended June 30, 2026):

  • Revenue from Operations: ₹3,044.86 lakh (compared to ₹3,412.33 lakh in Q1 FY26)
  • Other Income: ₹15.33 lakh
  • Total Income: ₹3,060.19 lakh
  • Profit before tax: ₹308.87 lakh
  • Net Profit: ₹226.28 lakh (compared to ₹363.54 lakh in Q1 FY26)
  • Basic EPS: ₹0.92 (compared to ₹1.48 in Q1 FY26)

Consolidated Financial Results (Quarter ended June 30, 2026):

  • Revenue from Operations: ₹3,044.86 lakh
  • Other Income: ₹1.48 lakh
  • Total Income: ₹3,046.34 lakh
  • Profit before tax: ₹294.71 lakh
  • Net Profit: ₹215.58 lakh
  • Basic EPS: ₹0.88

Board Composition Changes

Appointments:

  • Mr. Baby John Shaji appointed as Chairman of the Company (effective August 13, 2026)
  • CA Dr. Binoy J. Kattadiyil (DIN: 05189400) appointed as Additional Director (Non-Executive, Non-Independent) and Vice Chairman
  • CA Mathevan Pillai Sivaram (DIN: 01163624) appointed as Additional Director (Non-Executive Independent Director) for five years from August 13, 2026
  • Mr. Balagopalan Veliyath (DIN: 05254460) continued as Whole-time Director upon attaining age of 75 years (subject to shareholder approval)

Resignations:

  • Ms. Rita Shaji John (DIN: 01544753) resigned as Non-Executive Director Non-Independent Director
  • Mr. Seni Prabhakaran (DIN: 10751135) resigned as Non-Executive Independent Director

Committee Re-constitution

Nomination and Remuneration Committee:

  • Dr. Issac P John (Chairman)
  • CA Jyothi V M (Member)
  • CA Mathevan Pillai Sivaram (Member)

Stakeholder Relationship Committee:

  • Dr. Thirunilath Vinayakumar (Chairman)
  • Baby John Shaji (Member)
  • CA Dr. Binoy J Kattadiyil (Member)

CSR Committee:

  • Baby John Shaji (Chairman)
  • CA Dr. Binoy J Kattadiyil (Member)
  • Dr. Thirunilath Vinayakumar (Member)

Debenture Committee:

  • Baby John Shaji (Chairman)
  • CA Dr. Binoy J Kattadiyil (Member)
  • Balagopal Veliyath (Member)
  • CA Jyothi V M (Member)

Remuneration Revision

Mr. Baby John Shaji's remuneration revised to ₹4,00,000 effective August 1, 2026, with 7.5% annual increment effective from April 1, 2027.

Annual General Meeting

The Board approved convening of the 38th Annual General Meeting through virtual mode on Monday, September 28, 2026.

Statutory Compliance Updates

The Board took note of various statutory listing compliances for quarter ended June 30, 2026 including Integrated Filing, Shareholding Pattern, Reconciliation of Share Capital Audit Report, and Depository Regulations certificate.

Strategic Business Update

The Chairman and Managing Director, Mr. Baby John Shaji, presented the Company's business operations and proposed focus areas under the SCDMO (Synergise, Consolidate, Digitise, Monetise, Optimise) framework:

Four Key Focus Areas:

1. Aquaculture: Expand farm area, utilize idle capacity, strengthen contract farming network, explore technology deployments (RAS/Biofloc), and develop aquaculture inputs business (16 CAA-approved antibiotic-free products)

2. Ventures: Pursue new businesses and long-term opportunities through strategic partnerships with complementary capabilities

3. Infrastructure: Revive Infrastructure Division through development-led projects and land monetization, including IT Park joint venture and SBJ GATES residential project in Kochi

4. Seafood: Focus on value-added products, strengthen market presence, explore strategic alliances for market expansion

Strategic Alliance Announcement

The Board was apprised of a proposed strategic alliance with a vertically integrated, technology-enabled seafood company with presence in UK, EU and Ireland. The alliance aims to focus on:

  • Zero-duty trade opportunities across India-UK-EU routes
  • Merchant-exporter arrangements
  • Value-added fish and seafood products
  • Entry into new markets
  • Exploration of other mutually beneficial business opportunities

Auditor Review

Elias George & Co., Chartered Accountants (Firm Regn No. 000801S) provided limited review reports on both standalone and consolidated financial results, stating nothing came to their attention causing belief that the financial results contain material misstatement.

#Tags: #KingsInfraVentures #Q1Results #BoardReconstitution #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral