KESORAM INDUSTRIES LTD.

Mr. Samir Kumar Ray has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Kesoram Industries Ltd. The resignation is due to personal reasons and will be effective from the close of business hours on January 02, 2027. The company has expressed appreciation for his contributions and is in the process of appointing a new CFO. Mr. Ray has confirmed there are no other material reasons for his resignation beyond those stated.

Kesoram Industries Ltd. has submitted an application to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange of India Limited for the reclassification of a person from the 'Promoters' and 'Promoter Group' category to the 'Public' category. This action follows a request received by the company on September 12, 2026, and subsequent approval by the Board in its meeting held on September 29, 2026. The application was made on October 01, 2026, in accordance with Regulations 30, 31A, and 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Cygnet Industries Limited, a wholly-owned subsidiary of Kesoram Industries Ltd, held a Board of Directors meeting on September 29, 2026. The board approved the appointment of M/s. Mondal & Associates as Cost Auditor, M/s. Kothari & Co. as Internal Auditor, and M/s. AR Bajaj & Associates LLP as Secretarial Auditor for the financial year 2026-27. Additionally, the resignation of Non-Executive Independent Director, Mr. Deepak Kumar Sharma, was approved and recorded, effective from the close of business hours on September 29, 2026. The meeting commenced at 1:15 p.m. and concluded at 1:35 p.m.

Kesoram Industries Ltd held a Board of Directors meeting on September 29, 2026. The board approved the appointment of M/s. Kothari & Co. as the Internal Auditor for FY 2026-27. Additionally, the board sanctioned the reclassification of promoters and promoter group under SEBI LODR Regulations, 2015. A Postal Ballot Notice was approved for seeking member approval on the appointment of several Non-Executive Independent Directors and one Non-Executive Non-Independent Director, as well as the Managing Director. The remote e-voting period is scheduled from October 13, 2026, to November 11, 2026.

Kesoram Industries Limited has announced the closure of its trading window for designated persons and their immediate relatives. This measure, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, will be effective from October 01, 2026, and will remain closed until 48 hours after the declaration of the financial results for the quarter ended September 30, 2026. This is a standard regulatory procedure to prevent insider trading.

Kesoram Industries Ltd has re-submitted a corporate announcement regarding the resignation of two Independent Directors, Mr. Jitendra Kumar Agarwal and Mrs. Rashmi Bihani, effective September 17, 2026. The re-submission is due to a delay in filing the initial disclosure within the stipulated 24 hours. The company cited an inadvertent misunderstanding of SEBI (LODR) Regulations, 2015, specifically interpreting a 7-day timeline instead of the required 24 hours for such disclosures. The directors resigned due to a change in the company's control, with no other material reasons cited. Kesoram Industries has assured future compliance with disclosure timelines.

Kesoram Industries Ltd has re-submitted the outcome of its Board of Directors meeting held on September 12, 2026. This re-submission addresses additional disclosures regarding the resignation of Independent Directors and the completion of a significant acquisition. Frontier Warehousing Limited acquired 13,29,69,279 Equity Shares, representing 42.80% of the company's equity, on September 12, 2026, as per a Share Purchase Agreement dated December 4, 2025. This transaction resulted in Frontier Warehousing acquiring control and becoming the Promoter. The board meeting also approved the appointment of a new Company Secretary and Compliance Officer, recorded the resignation of three Non-Executive Directors due to the change in promoters' control, and appointed four new Non-Executive Independent Directors and an Additional Non-Executive Director and Managing Director. The registered office of the company is also being shifted.

Manav Investment & Trading Company Ltd, on behalf of several Promoter/Promoter Group entities, has disclosed the sale of 13,29,69,279 shares, representing 42.80% of the total share capital, in Kesoram Industries Limited. This transaction, executed off-market pursuant to a Share Purchase Agreement dated December 4, 2025, with Frontier Warehousing Limited, results in a change of control for Kesoram Industries. Following the sale, the promoter group's holding has reduced to 0.54% (16,81,404 shares).

Frontier Warehousing Limited has disclosed a substantial acquisition of shares in Kesoram Industries Limited, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition, executed via an off-market transfer pursuant to a Share Purchase Agreement dated December 4, 2025, resulted in Frontier Warehousing acquiring 13,29,69,279 equity shares. This brings their total holding, along with Persons Acting in Concert (PACs), to 13,30,53,804 shares, representing 42.83% of the total share capital. The transaction involved promoter/promoter group entities of Kesoram Industries Limited. The total equity share capital of Kesoram Industries Limited remains at 31,06,63,663 equity shares of Rs. 10/- each.

Kesoram Industries Ltd announced a change in control and management of its wholly-owned subsidiary, Cygnet Industries Limited. This change follows a Share Purchase Agreement dated December 04, 2025, with Frontier Warehousing Limited. The Board of Directors of Cygnet approved several appointments, including Mr. Gautam Agarwalla and Mr. Amit Agarwalla as Non-Executive Non-independent Directors, and Mr. Achintya Pal as Whole-time Director. The Board also noted the appointment of independent directors and a new Company Secretary, while accepting the resignation of the previous Company Secretary and three Non-Executive Independent Directors. The change in management does not alter Kesoram Industries' shareholding in Cygnet, which remains a wholly-owned subsidiary.