Kesoram Industries Ltd (KESORAMIND) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Kesoram Industries Ltd on NSE and BSE, with an AI summary of each filing.
Resignation from the post of Chief Financial Officer of the Company.
Change in Management · 10 Oct 2026, 8:58 pm
Kesoram Industries CFO Samir Kumar Ray Resigns Effective January 2027 Kesoram Industries announced that Chief Financial Officer and Key Managerial Personnel Samir Kumar Ray has tendered his resignation due to personal reasons, with no other material reasons reported. Ray will serve his notice period and be relieved from his duties effective close of business hours on 2nd Jan'27. The company confirmed it is currently in the process of identifying and appointing a suitable successor for the CFO and KMP position, with updates to follow in due course.
Intimation of submission of application for reclassification of person belonging to Promoters and member of Promoter Group category to Public category in accordance with Regulation 30 and ....
Others (Uncategorized) · 05 Oct 2026, 10:43 pm
Kesoram Industries Applies for Promoter Reclassification to Public Category Kesoram Industries has submitted applications to BSE, NSE, and CSE on 1st Oct'26 for reclassifying promoter/promoter group entities into the public category under Regulation 31A and 31A(10) of SEBI LODR Regulations. The filing follows a reclassification request received by the company on 12th Sep'26 and subsequent approval granted by the Board of Directors in its meeting held on 29th Sep'26.
Outcome of the Meeting of the Board of Directors-Cygnet Industries Limited, Wholly Owned Subsidiary of the Company
Outcome · 29 Sept 2026, 10:23 pm
Kesoram Industries Subsidiary Board Approves Auditor Appointments and Director Resignation The Board of Cygnet Industries Limited, a wholly-owned subsidiary of Kesoram Industries Limited, approved key appointments and governance changes on 29th Sep'26. For FY27 (financial year 2026-27), the board appointed M/s. Mondal & Associates as Cost Auditor, M/s. Kothari & Co. as Internal Auditor, and M/s. AR Bajaj & Associates LLP as Secretarial Auditor. Additionally, the board accepted the resignation of Non-Executive Independent Director Deepak Kumar Sharma, effective from the close of business hours on 29th Sep'26.
Kesoram Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on September 29, 2026.
Outcome · 29 Sept 2026, 10:12 pm
Kesoram Industries Approves Promoter Reclassification, Board Appointments, and Internal Auditor Kesoram Industries Limited approved the reclassification of its promoter and promoter group under SEBI LODR Regulation 31A at its board meeting on 29th Sep'26. The board also appointed M/s. Kothari & Co. as internal auditor for FY27 and issued a postal ballot notice seeking shareholder approval for key director appointments. These include Gautam Agarwalla as Managing Director at Rs 1.00 lakh annual remuneration, Amit Agarwalla as Non-Executive Non-Independent Director, and four Independent Directors for five-year terms. Remote e-voting runs from 13th Oct'26 to 11th Nov'26.
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 Outcome of Meeting of Board of Directors held on Tuesday, the 29th September, 2026
Others (Uncategorized) · 29 Sept 2026, 10:06 pm
Kesoram Industries Approves Promoter Reclassification, Internal Auditor, and Key Board Appointments Kesoram Industries’ board approved the reclassification of its promoter and promoter group under Regulation 31A of SEBI LODR on 29th Sep'26. The board appointed M/s. Kothari & Co. as internal auditors for FY27 and issued a postal ballot notice for shareholder approval of key board appointments. Proposed appointments include Gautam Agarwalla as Managing Director for five years at Rs 1,00,000 annual remuneration, Amit Agarwalla as Non-Executive Non-Independent Director, and four Non-Executive Independent Directors. Remote e-voting runs from 13th Oct'26 to 11th Nov'26.
Re-submission of Corporate Announcement made on September 22, 2026 pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015
Others (Uncategorized) · 24 Sept 2026, 5:29 pm
Kesoram Industries Discloses Independent Directors' Resignations Following Control Change Independent Directors Jitendra Kumar Agarwal and Rashmi Bihani resigned from the board of Kesoram Industries Ltd. effective close of business on 17th Sep'26, citing a change in control of the company. Both directors confirmed there were no other material reasons for their resignations. Kesoram Industries re-submitted the regulatory disclosure under SEBI LODR Regulation 30 on 24th Sep'26 following a query from BSE regarding a reporting delay beyond the mandated 24-hour window, which the company attributed to an inadvertent misinterpretation of regulatory timelines.
Mr. Jitendra Kumar Agarwal and Mrs. Rashmi Bihani, Independent Directors resigned on 17th September, 2026.
Change in Management · 22 Sept 2026, 10:01 pm
Kesoram Industries Independent Directors Resign Following Change in Control Kesoram Industries Limited announced the resignation of two Independent Directors, Mr. Jitendra Kumar Agarwal and Mrs. Rashmi Bihani, effective from the close of business hours on 17th Sep'26. Both directors cited a change in the control of the company as the sole reason for their departure, confirming there are no other material reasons for their resignations.
Re-submission of Outcome of the Meeting of the Board of Directors held on September 12, 2026
Outcome · 16 Sept 2026, 9:13 pm
Frontier Warehousing Acquires Control of Kesoram Industries Following 42.8% Stake Purchase Frontier Warehousing completed the acquisition of 13,29,69,279 shares (42.80% stake) in Kesoram Industries on 12th Sep'26, raising its holding to 42.81% and assuming promoter control. Consequently, existing promoter group entities reduced their collective holding from 43.34% to 0.54% and requested reclassification to public shareholders. The board appointed Gautam Agarwalla as Managing Director for five years, Amit Agarwalla as Additional Non-Executive Director, Nikita Rateria as Company Secretary, alongside three Independent Directors. Three previous directors resigned following the ownership change, and the registered office is relocating within Kolkata.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manav Investment & Trading Company Ltd & Others
Acquisition/ Disposal of Shares · 15 Sept 2026, 9:04 pm
Promoter Group Sells 42.80% Stake in Kesoram Industries Leading to Control Change Promoter and promoter group entities of Kesoram Industries Limited, represented by Manav Investment & Trading Company Limited, offloaded 13,29,69,279 equity shares, representing a 42.80% stake, to Frontier Warehousing Limited via an off-market sale executed on 11th Sep'26. The transaction was conducted pursuant to a Share Purchase Agreement dated 4th Dec'25, resulting in a change in control of the company. Following this disposal, the promoter group's aggregate shareholding declined significantly from 43.34% (13,46,50,683 shares) to 0.54% (16,81,404 shares). Total paid-up equity remains at 31,06,63,663 shares.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Frontier Warehousing Ltd
Acquisition/ Disposal of Shares · 15 Sept 2026, 4:43 pm
Frontier Warehousing Acquires 42.80% Stake in Kesoram Industries Frontier Warehousing Limited acquired 13,29,69,279 equity shares, representing a 42.80% stake, in Kesoram Industries Limited on 11th Sep'26 via an off-market inter-se transfer pursuant to a Share Purchase Agreement dated 4th Dec'25. Prior to this transaction, Frontier Warehousing held 84,525 shares (0.03%). Following the acquisition, its total holding along with PACs expanded significantly to 13,30,53,804 equity shares, constituting 42.83% of the target company's total voting capital of 31,06,63,663 equity shares.
Outcome of the Meeting of the Board of Directors-Change in control/Management of Cygnet Industries Limited, Wholly Owned Subsidiary of the Company
Outcome · 12 Sept 2026, 9:50 pm
Kesoram Industries Announces Management Transition at Cygnet Industries Pursuant to a share purchase agreement dated 4th Dec'25 with Frontier Warehousing Limited, Kesoram Industries announced a management and control transition at its wholly owned subsidiary, Cygnet Industries, effective 12th Sep'26. The subsidiary reconstituted its board, appointing Mr. Achintya Pal as Whole-time Director, alongside new non-executive and independent directors, and naming Mrs. Nikita Rateria as Company Secretary following key resignations. The management handover does not alter Kesoram's shareholding in Cygnet, which remains a wholly owned subsidiary subject to terms under the agreement.
The Registered Office of the Company is being shifted from 9/1, R. N. Mukherjee, Birla Building, Kolkata-700001 to East India House, 20B Abdul Hamid Street, 3rd Floor, Kolkata-700069 within ....
Others (Uncategorized) · 12 Sept 2026, 8:18 pm
Frontier Warehousing Acquires Control of Kesoram Industries; Board Overhaul Approved Frontier Warehousing completed the acquisition of 13,29,69,279 equity shares (42.80%) of Kesoram Industries on 12th Sep'26, raising its stake to 42.81% and assuming promoter control. Concurrently, existing promoter group entities, whose combined stake fell from 43.34% to 0.54%, sought reclassification to public category. The board reconstituted management, appointing Gautam Agarwalla as Managing Director for five years, Amit Agarwalla as Additional Non-Executive Director, Nikita Rateria as Company Secretary, and three Independent Directors, following resignations of previous board members. Registered office operations are relocating within Kolkata.
Cessation of Ms. Jikyeong Kang as NED, Mrs. Mangala Radhakrishna Prabhu and Mr. Satish Narain Jajoo as NED- Independent.
Change in Management · 12 Sept 2026, 8:12 pm
Frontier Warehousing Acquires Controlling 42.81% Stake in Kesoram Industries Frontier Warehousing completed the acquisition of a 42.80% stake (13,29,69,279 shares) on 12th Sep'26 under an SPA dated 4th Dec'25, increasing its total holding to 42.81% (13,30,53,804 shares) and assuming promoter control. Consequently, existing promoters holding 0.54% requested reclassification to public shareholders. Board changes include the resignation of three directors and appointments of Gautam Agarwalla as Managing Director for five years, Amit Agarwalla as Additional Non-Executive Director, three Independent Directors, and Nikita Rateria as CS & Compliance Officer. The registered office relocated within Kolkata.
Appointment of Mr. Gautam Agarwalla as MD, Appointment of Mr. Amit Agarwalla as NED, Appointment of Mrs. Charu Rajgharia, Mr. Himanshu Rajan and Mr. Aninda Chatterjee as NED- Independent.
Change in Management · 12 Sept 2026, 8:07 pm
Frontier Warehousing Acquires Control of Kesoram Industries; Board Overhauled Frontier Warehousing completed the acquisition of a 42.80% stake (13,29,69,279 shares) in Kesoram Industries on 12th Sep'26, raising its aggregate holding to 42.81% and assuming promoter control. Consequently, the outgoing BK Birla promoter group's holding dropped from 43.34% to 0.54%, seeking reclassification to public status. The board approved the appointment of Gautam Agarwalla as Managing Director for 5 years and Amit Agarwalla as Non-Executive Director. Additionally, three Independent Directors and Company Secretary Nikita Rateria were appointed following the resignation of previous board members.
Appointment of Mrs. Nikita Rateria as Company Secretary and Compliance Officer with effect from September 12, 2026.
Change in Management · 12 Sept 2026, 8:01 pm
Frontier Warehousing Acquires Control of Kesoram Industries; Board Overhaul Approved Frontier Warehousing completed the acquisition of a 42.80% stake (13,29,69,279 shares) in Kesoram Industries on 12th Sep'26, raising its total holding to 42.81% and assuming promoter control. Consequently, existing promoter-group entities requested reclassification to public status as their aggregate stake fell to 0.54%. The board appointed Gautam Agarwalla as Managing Director for five years, Amit Agarwalla as Additional Non-Executive Director, Nikita Rateria as Company Secretary, and approved three Independent Directors, while accepting the resignations of three outgoing directors and shifting the registered office.
Kesoram Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on September 12, 2026.
Outcome · 12 Sept 2026, 7:56 pm
Frontier Warehousing Takes Control of Kesoram Industries Frontier Warehousing completed the acquisition of 13,29,69,279 equity shares (42.80% stake) of Kesoram Industries on 12th Sep'26 under an SPA dated 4th Dec'25, raising its total holding from 0.01% to 42.81% and becoming the promoter. Consequently, outgoing promoters holding 0.54% sought reclassification to the public category. The board reconstituted its leadership, appointing Gautam Agarwalla as Managing Director for 5 years, Amit Agarwalla as Additional Non-Executive Director, Nikita Rateria as Company Secretary, and three new Independent Directors following the resignation of previous board members.
Outcome of the Meeting of the Board of Directors held on September 12, 2026 pursuant to Regulation 30 of the SEBI LODR Regulations, 2015
Others (Uncategorized) · 12 Sept 2026, 7:45 pm
Frontier Warehousing Acquires Control of Kesoram Industries; Board Restructured Frontier Warehousing completed the acquisition of a 42.80% stake (13,29,69,279 shares) in Kesoram Industries on 12th Sep'26 under an SPA dated 4th Dec'25, raising its total holding to 42.81% and assuming promoter control. Consequently, existing promoters holding 0.54% sought reclassification to the public category. The board appointed Gautam Agarwalla as Managing Director for five years, Amit Agarwalla as Additional Non-Executive Director, Nikita Rateria as Company Secretary & Compliance Officer, and three independent directors, following the resignation of three directors.
Appointment of Mr. Rishi Bajoria as a Director (Non-Executive Independent Director)
Others (Uncategorized) · 19 Aug 2026, 10:48 pm
Kesoram Appoints Rishi Bajoria as Non-Executive Independent Director Kesoram Industries' Board approved the appointment of Mr. Rishi Bajoria as a Non-Executive Independent Director, effective 18 Aug'26. The appointment is for a five-year term, subject to shareholder approval. Mr. Bajoria, an alumnus of St. Xavier's College and Babson College, has over two decades of experience in jute manufacturing, garment manufacturing, and real estate. He holds no shares in the company and is not related to any other director. This follows a procedural cessation and immediate re-appointment on the same day.
Cessation of Mr. Rishi Bajoria as a Director (Non-Executive, Independent)
Change in Management · 19 Aug 2026, 10:43 pm
Kesoram Re-Appoints Rishi Bajoria as Non-Executive Independent Director Kesoram Industries' Board re-appointed Mr. Rishi Bajoria as a Non-Executive Independent Director, effective Aug 18, '26, for a five-year term, subject to shareholder approval. A procedural issue caused his initial appointment to cease on the same day. Mr. Bajoria has over two decades of experience in jute manufacturing, garment manufacturing, and real estate. He holds no shares in the company, is not related to any other director, and is not debarred by any regulatory authority from holding a directorship.
107th Annual General Meeting 2026 - Voting Results with Scrutinizer Report
Annual General Meeting · 19 Aug 2026, 8:37 pm
Summary of Proceeding of 107th Annual General Meeting ("AGM")
Annual General Meeting · 18 Aug 2026, 8:52 pm
Summary of Proceeding of 107th Annual General Meeting ("AGM")
Annual General Meeting · 18 Aug 2026, 8:37 pm
Corrigendum to the Outcome of the Meeting of the Board of Directors held on 6th August, 2026
Outcome · 07 Aug 2026, 6:37 pm
Kesoram Industries Corrects Company Secretary's Resignation Details Kesoram Industries issued a corrigendum on 7 Aug'26 to correct a disclosure from its 6 Aug'26 board meeting. The company secretary, Snehaa Shaw, is leaving due to "resignation," not a "change of management" as previously stated. Her cessation date has been corrected to 31 Aug'26, from the originally reported 6 Aug'26. The company confirmed this was a typographical error and that the board's underlying resolution remains unchanged. This clarifies the nature and effective date of the key managerial personnel's departure.
Corrigendum to the Outcome of the Meeting of the Board of Directors held on 6th August, 2026
Outcome · 07 Aug 2026, 6:35 pm
Kesoram Industries Corrects Company Secretary's Resignation Details Kesoram Industries issued a corrigendum to correct a typographical error in its Board Meeting outcome from Aug 6, '26. The filing clarifies that the resignation of Snehaa Shaw, Company Secretary & Compliance Officer, is effective Aug 31, '26, not Aug 6, '26 as previously stated. The reason for her departure was also corrected from "change of management" to "resignation". The Board's underlying decision remains unchanged.
1. Appointment of Mr. Rishi Bajoria (DIN: 00501157) as a Director (Non-Executive, Independent) of the Company with effect from August 6, 2026 2. Completion of term of Mr. P. Radhakrishnan, ....
Change in Management · 06 Aug 2026, 11:11 pm
Kesoram Announces Board Reshuffle and Key Management Departures Kesoram Industries announced significant management changes following its board meeting on 6th Aug'26. Rishi Bajoria was appointed as a Non-Executive Independent Director. Concurrently, P. Radhakrishnan’s term as Wholetime Director and CEO concludes on 7th Aug'26. The company also reported the resignations of Vineet Rai, CEO of its material subsidiary Cygnet Industries, and Snehaa Shaw, Company Secretary and Compliance Officer, both effective 6th Aug'26. These departures signal a major leadership transition for the company and its key subsidiary.