StockWatch
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Other Electrical Equipment
Management Change5 Aug 2026, 04:02 pm

Kaycee Industries Appoints Two New Directors

AI Summary

Kaycee Industries Ltd announced board changes following a meeting on August 5, 2026. The company approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with the statutory auditors issuing an unmodified opinion. Key appointments include Mr. Nirmalkumar Motichand Chandria as an Additional Independent Director for 5 years, effective August 5, 2026, subject to shareholder approval. Additionally, Mr. Jayaraman Balasubramanian will join as a Non-Executive and Non-Independent Director from September 27, 2026, following the retirement of an Independent Director. Both appointees confirmed they are not debarred from holding directorships.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results.
  • Mr. Nirmalkumar Motichand Chandria appointed as Independent Director.
  • Mr. Jayaraman Balasubramanian appointed as Non-Executive, Non-Independent Director.
  • Appointments are subject to shareholder approval.
  • Statutory auditors issued unmodified review reports.