KRN Heat Exchanger And Refrigeration Ltd

KRN Heat Exchanger And Refrigeration Ltd has announced that its Board of Directors will convene on October 29, 2026. The primary agenda item is to consider and approve the unaudited financial results, both standalone and consolidated, for the quarter and half-year ended September 30, 2026. Additionally, the company confirmed that the trading window for securities, which is currently closed, will remain shut until October 31, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

KRN Heat Exchanger And Refrigeration Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 1st, 2026, until 48 hours after the declaration of the company's un-audited financial results for the quarter and half-year ending September 30th, 2026. The specific date for the Board Meeting to approve these financial results will be communicated separately.

KRN Heat Exchanger And Refrigeration Ltd has submitted its Annual Report for the Financial Year 2025-26, coinciding with the announcement of its 9th Annual General Meeting (AGM). The AGM is scheduled for September 25, 2026, and will be conducted via Video Conferencing (VC)/ Other Audio Visual Means (OAVM). The report details the company's performance, strategic initiatives under the theme 'Expand. Emerge. Evolve.', and its global expansion efforts. Key sections include corporate overview, business excellence, sustainability initiatives, governance, and detailed financial statements. The company has set September 18, 2026, as the cut-off date for remote e-voting, which will be open from September 22 to September 24, 2026.

KRN Heat Exchanger and Refrigeration Ltd has announced its 9th Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 3:00 PM IST. The meeting will be conducted virtually through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The company will present audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Key agenda items include the appointment of a director retiring by rotation and the ratification of remuneration for the Cost Auditor. Special business includes approving revised remuneration for the Chairman and Managing Director. The cut-off date for e-voting eligibility is September 18, 2026.

KRN Heat Exchanger and Refrigeration Limited announced robust Q1 FY27 financial results, with consolidated revenue surging 118.87% year-on-year to ₹252.32 Cr. EBITDA and Net Profit also saw significant increases of 178.85% and 164.84% respectively. The company highlighted strong export growth, with overseas revenue up 177.31% and reaching 14 countries. Key business highlights include the completion of a ₹350 Cr Qualified Institutions Placement (QIP) and the sanction of an ₹182.95 Cr incentive for its Neemrana facility. IPO proceeds have been fully utilized. The company also appointed a new CFO and secured a domestic supply order post-quarter.

KRN Heat Exchanger and Refrigeration Ltd has released the Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by Crisil Ratings Limited, confirms that there have been no deviations from the stated objects of the issue. The IPO, which concluded on December 27, 2024, raised gross proceeds of ₹34,194.60 lakhs, with net proceeds amounting to ₹31,111.66 lakhs after accounting for issue expenses. The company will also upload this report on its website.

KRN Heat Exchanger and Refrigeration Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. Issued by Crisil Ratings Limited, the report confirms that the utilization of Qualified Institutional Placement (QIP) proceeds was in line with the objects disclosed in the offer document. The QIP raised gross proceeds of ₹34,999.99 lakhs and net proceeds of ₹34,179.48 lakhs. The funds were primarily used for repayment of borrowings and working capital requirements. The company has also uploaded the report on its website.

KRN Heat Exchanger and Refrigeration Limited has confirmed no deviation or variation in the utilization of funds raised through its Initial Public Offer (IPO). The statement, reviewed by the Audit Committee for the quarter ended June 30, 2026, indicates that all funds raised amounting to ₹341.94 Crore were utilized as per the original objects. Key allocations include investment in a wholly-owned subsidiary for a new manufacturing facility and general corporate purposes, with no discrepancies noted.

KRN Heat Exchanger and Refrigeration Ltd has confirmed no deviation or variation in the utilization of funds raised through its Qualified Institutional Placement (QIP) issue. The statement, reviewed by the Audit Committee for the quarter ended June 30, 2026, indicates that all funds raised amounting to INR 349.99 Crore have been utilized as per the original objects. The funds were allocated for repayment of borrowings, investment in its subsidiary KRN HVAC Products Private Limited for working capital, and general corporate purposes. The company's Chief Financial Officer, Pawan Nal, signed the confirmation on August 12, 2026.

KRN Heat Exchanger and Refrigeration Ltd announced changes in its auditing team during a Board of Directors meeting held on August 12, 2026. The company approved the unaudited financial results for the quarter ended June 30, 2026, reporting a consolidated revenue of ₹25,231.70 Lakhs and a profit after tax of ₹3,289.56 Lakhs. M/s. R S Chauhan & Associates have been appointed as the Cost Auditor for FY 2026-27, and M/s. Sharma Shankar & Co. as the Internal Auditor for the same financial year. The company also provided details on the utilization of funds from its recent Qualified Institutions Placement (QIP).