KVS Castings Ltd

KVS Castings Ltd. has declared its audited financial results for the year ended March 31, 2026, as approved by the Board of Directors in a meeting held on May 30, 2026. The results, along with an unmodified audit opinion from Arora Gupta & Co., Chartered Accountants, comply with Regulation 33 of the SEBI (LODR) Regulations, 2015. The board also approved related party transactions and recommended the adoption of the audited financial statements to the company's members.

KVS Castings Ltd reports no deviation or variation in the utilization of funds raised through its IPO for the half-year ended March 31, 2026. The IPO, which raised ₹278,320,000 in October 2025, is being utilized as per the approved offer document. Unutilized funds of ₹351.65 Lakhs are parked in a current account with Yes Bank. The Audit Committee and Board have reviewed and approved the statement.

KVS Castings Ltd has announced a Board of Directors meeting scheduled for May 30, 2026, to consider and approve the Half yearly and Annual Audited Financial Results of the Company for the year ended March 31, 2026. The trading window for dealing in the company's securities will be closed from March 29, 2026, until 48 hours after the declaration of the financial results, in accordance with the Company’s Code of Conduct for Prevention of Insider Trading.

KVS Castings Ltd's Board of Directors, at its meeting on April 15, 2026, considered and recommended the re-appointment of Mr. Jaswinder Singh Ahluwalia (DIN: 03311764) as an Independent Director for a second term of five consecutive years. This re-appointment, in the category of Non-Executive Director, is subject to approval by the company's members through a Special Resolution via Postal Ballot and e-voting. The Board also approved the Postal Ballot Notice and authorized the Company Secretary to conduct the process, appointing M/s. Nishi & Associates as the Scrutinizer. Additionally, the Board granted omnibus approval for Related Party Transactions for the quarter ending June 30, 2026, as previously approved by the Audit Committee.

KVS Castings Ltd has announced the closure of the trading window for dealing in Equity Shares of the company for designated persons. This decision is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Code of Conduct for Prohibition of Insider Trading in Securities of KVS Castings Limited. The trading window will be closed for Directors, Identified Employees, KMPs, Promoters of the company including the Immediate Relatives of the Designated Persons of the company, effective from April 1, 2026, for 48 hours after the declaration of un-audited financial results of the company for the year ended on March 31, 2026 to the Stock Exchange. Designated persons have been advised not to deal in Equity Shares of the company during the closure of the trading window.

KVS Castings Ltd has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) as per the Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The updated Code was reviewed and approved by the Board of Directors at its meeting held on March 6, 2026. The Company is committed to fair disclosure of information about the Company and its securities without advantage to any selected group.

KVS Castings Ltd held a board meeting on March 6, 2026, during which they decided to shift the registered office to Village Baghelewala and Girdhiyai, Tehsil Kashipur, Distt- Udham Singh Nagar, Uttarakhand - 244713. The meeting also resulted in the appointment of Mr. Sanjay Rajeshwar Agarwal as the Chief Executive Officer and Key Managerial Personnel (KMP) of the company. Mr. Agarwal holds a Master’s Degree in Science and a PG Diploma in Management with over 39 years of experience in Metallurgy, Foundries, Automobile and Business Management.

KVS Castings Ltd has informed about the outcomes of their Board Meeting held on 6th March, 2026. The company will shift its registered office to Village Baghelewala and Girdhiyai, Tehsil Kashipur, Distt- Udham Singh Nagar, Uttarakhand - 244713. The Board has also appointed Mr. Sanjay Rajeshwar Agarwal as the new Chief Executive Officer and KMP of the company.

KVS Castings Limited has increased its overall installed production capacity by 166.67% from 7,200 to 19,200 metric tonnes per annum. The new facility, Unit-2, will commence commercial operations starting from March 02, 2026. The expansion aligns with the company's IPO objective of capital expenditure towards the purchase of plant and machineries. The new manufacturing facility is located in Village Baghelewala and Girdhiyai, Tehsil Kashipur, Distt, Udham Singh Nagar, Uttarakhand — 244713.