Kundan Minerals And Metals Ltd

Kundan Minerals and Metals Limited has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut for all designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. During this period, no transactions involving the company's securities are permitted for these individuals. The date of the board meeting to consider these results will be communicated separately.

Kundan Minerals and Metals Limited's Board of Directors, in a meeting on May 27, 2026, approved the Audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2026. The statutory auditors issued an unmodified opinion on these results. The Board also re-appointed S Lall Vikas & Co., Chartered Accountants, as internal auditors for the financial year 2026-27. The auditor's report highlighted that the company's equity shares are temporarily restricted/suspended on BSE & NSE since October 4, 2023.

Kundan Minerals and Metals Limited has announced its audited financial results (consolidated and standalone) for the quarter and financial year ended March 31, 2026. The announcement follows a Board of Directors meeting held on May 27, 2026, where the results were considered and approved. Auditors have provided an unmodified opinion on the annual audited standalone and consolidated financial results. The board also approved the re-appointment of Internal Auditors S Lall Vikas & Co. for the financial year 2026-27.

Kundan Minerals and Metals Ltd reports that its subsidiary, Kundan Gold Mines Private Limited (KGMPL), allotted Compulsory Convertible Debentures (CCD) on March 30, 2026, making KGMPL an Associate Company, converted on May 20, 2026. Consequently, Kundan Minerals Care Private Limited, a subsidiary of KGMPL, also became an Associate Company. KGMPL's turnover is NIL and net worth is ₹(43.68) Lakhs as of March 31, 2025. Kundan Minerals Care Private Limited, incorporated on June 9, 2025, has no available financial statement for March 31, 2025.

Kundan Minerals And Metals Ltd has rescheduled its Board of Directors meeting to May 27, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting was initially scheduled for May 18, 2026, and then postponed to May 19, 2026, but has been further rescheduled due to the requirement of additional deliberations on financial matters. The trading window for designated persons remains closed until 48 hours after the declaration of the financial results.

Kundan Minerals and Metals Limited has postponed its Board of Directors meeting, originally scheduled for May 18, 2026, due to ongoing discussions regarding the company's financial statements. The board will reconvene on May 19, 2026, to further discuss and consider the financial statements for the year ended March 31, 2026. The outcome of the meeting will be disclosed to the stock exchanges upon its conclusion.

Kundan Minerals And Metals Ltd has scheduled a Board of Directors meeting on May 18, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, until 48 hours after the results are made public, as per SEBI regulations.

Kundan Minerals and Metals Limited announced that its foreign subsidiary, Kundan Ventures FZCO, has acquired a 99% stake in West Africa Exploration & Mining, Mauritania. The acquisition, completed for 99000 MRU in cash, aims to expand Kundan Minerals' international presence in the mining sector. West Africa Exploration & Mining, incorporated on August 19, 2025, is involved in mineral mining in Mauritania and reported a turnover of NIL for 2025. The acquisition does not constitute a related party transaction and complies with SEBI regulations.

Kundan Minerals and Metals Ltd. announced that its foreign subsidiary, Kundan Ventures FZCO, has entered into a Share Purchase Agreement to acquire an 80% stake in Compania Minera EL Desquite De Colombia S.A.S. The total consideration for this acquisition is USD 1,100,000, payable to the sellers, Carlos Hector Carabali Zapata and Miguel Antonio Carabli. Following the completion of this transaction, Compania Minera EL Desquite De Colombia S.A.S. will become a step-down subsidiary of Kundan Minerals and Metals Ltd. The agreement date was April 7, 2026, and it was intimated to the company on April 27, 2026.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kundan Minerals and Metals Limited has informed that its foreign subsidiary, Kundan Ventures FZCO, is currently in advanced discussions regarding potential investment opportunities in Mauritania. This involves the acquisition of companies, which is a significant development for the company. The matter is under evaluation and negotiations, and the company will make appropriate disclosures to the Stock Exchange(s) upon finalization of the transaction.