KG Petrochem Board Approves Corporate Guarantee, Director Appointments

KG Petrochem Ltd held a Board Meeting on July 30, 2026, where several key decisions were made. The Board approved the Board's Report for the financial year ended March 31, 2026. A significant approval was for the issuance of a Corporate Guarantee in favor of M/s. Suave Casa Ideas Private Limited, subject to shareholder approval. The Board also approved related party transactions and matters for the upcoming 46th Annual General Meeting (AGM). Key appointments approved include the re-appointment of Mr. Manish Singhal as Managing Director, Mrs. Prity Singhal as Whole Time Director, and Mr. Gauri Shanker Kandoi as Chairman cum Whole Time Director. Additionally, Mr. Anjal Kejriwal was appointed as a Non-Executive Additional Director, with a proposal to regularize his appointment as an Independent Director. The AGM is scheduled for August 26, 2026, with the Register of Members closed from August 20-26, 2026.