Kasturi Metal Composite Ltd

Kasturi Metal Composite Limited has dispatched letters to members without registered email addresses, providing a web-link to access the Annual Report for FY 2025-26 and the notice for the 21st Annual General Meeting (AGM). The AGM is scheduled for September 29, 2026, via Video Conferencing. Members are urged to update their email addresses with the company or its Registrar and Transfer Agent, Bigshare Services Private Limited, to ensure receipt of future communications and support the company's green initiative.

Kasturi Metal Composite Ltd announced its 21st Annual General Meeting (AGM) scheduled for September 29, 2026, to be conducted via Video Conferencing. The company has released its Annual Report for the Financial Year 2025-26, which is available to members via electronic mode and on the company's website. The report details the company's transition from steel manufacturing to high-performance materials, strategic expansion plans including IPO proceeds deployment for new capacity and modernization, and its focus on innovation and customer-centric solutions. The report also includes a forward-looking statement disclaimer outlining potential risks and uncertainties.

Kasturi Metal Composite Ltd has announced its 21st Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 12:00 P.M. IST. The meeting will be conducted entirely through Video Conferencing/ Other Audio Visual Means (VC/ OAVM), in line with SEBI and MCA circulars permitting virtual meetings. Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year 2025-26 and the appointment of a director. The notice of the AGM, along with the annual report for 2025-26, is available on the company's website. Proxy appointments are not permitted for this meeting.

Kasturi Metal Composite Ltd (KMCL) has released its operational business update for Q1 FY27, ending June 30, 2026. The company reported a year-on-year revenue growth of over 20%, driven by disciplined execution, an improved product mix, and operational efficiencies. KMCL is targeting 40% overall revenue growth for FY27 with improved margins. Key developments include progress on manufacturing capacity expansion (Plant IV), product innovation, strong export performance, and updates on Durafloor Concrete Solutions LLP. The company installed 7 machines and is expanding capacity from 300 MT to 800 MT per month. This update is for investor communication and does not constitute financial results, which are submitted half-yearly.

Kasturi Metal Composite Ltd reports no deviation in the utilization of funds raised through its IPO for the half-year and year ended March 31, 2026. The IPO, which raised ₹1761.28 Lakhs, was reviewed by the Audit Committee on April 30, 2026. The committee confirmed that funds are being utilized as per the objects stated in the Prospectus. The report, filed under Regulation 32 of SEBI (LODR) Regulations, 2015, includes details of original and modified objects, allocations, and utilization.

Kasturi Metal Composite Ltd's Board of Directors, at a meeting held on April 30, 2026, approved the appointment of M/s. V. S. Jakhotiya & Co., Chartered Accountants, as the Internal Auditors for the Financial Year 2026-2027. V. S. Jakhotiya & Co. is a well-established partnership firm with over 28 years of professional experience and six full-time partners. The firm possesses strong technical expertise, including specialized qualifications in Information Systems Audit (DISA) and Forensic Accounting and Fraud Detection (FAFD). They have diversified experience in providing internal audit services to corporate entities, focusing on strengthening governance, internal controls, and risk management frameworks, and are equipped to handle technology-driven environments.

Kasturi Metal Composite Ltd. has appointed D. S. Momaya & Co. LLP as Secretarial Auditors for the financial year 2026-27. The appointment was approved by the Board of Directors at their meeting held on April 30, 2026. D. S. Momaya & Co. LLP is a firm specializing in corporate governance, regulatory compliance, and strategic advisory, offering secretarial and legal services.

Kasturi Metal Composite Ltd's Board of Directors, in a meeting on April 30, 2026, approved the audited financial results for the half year and full financial year ended March 31, 2026 (Standalone and Consolidated). The results were accompanied by an unmodified auditor's report. Additionally, the Board appointed M/s. D.S Momaya & Co LLP as Secretarial Auditors and M/s. V. S. Jakhotiya & Co. as Internal Auditors for the financial year 2026-2027.

Kasturi Metal Composite Ltd's Board of Directors met on April 30, 2026, to approve the audited financial results for the half year and full financial year ended March 31, 2026. The Board also appointed M/s. D.S Momaya & Co LLP as Secretarial Auditors and M/s. V. S. Jakhotiya & Co. as Internal Auditors for the financial year 2026-2027. The auditor's report on the financial results was noted to have an unmodified opinion.

Kasturi Metal Composite Ltd has scheduled a Board of Directors meeting on April 30, 2026, to consider and approve the audited financial results for the half year and year ended March 31, 2026. The company has also announced the continuation of the trading window closure for designated employees until 48 hours after the declaration of the results. The information will be available on the company's website.