Kalind Ltd board meet Apr 27 to clear FY26 audits

What Kalind told BSE

Kalind Ltd (BSE: 526935) has informed the Bombay Stock Exchange that its Board of Directors will meet on April 27, 2026. The agenda includes consideration and approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The filing positions the April meeting as a key compliance event because audited annual numbers typically set the baseline for disclosures on profitability, cash flows, and balance sheet changes.

The update also sits alongside a broader set of corporate actions and governance changes the company has disclosed over recent months. These include changes in auditors, committee reconstitution, and multiple board and committee decisions that are subject to shareholder approvals where required.

Board meeting on April 27, 2026: what is on the agenda

As per the intimation, the April 27 board meeting is scheduled specifically to consider and approve audited financial results for the quarter and year ended March 31, 2026. The filing mentions both standalone and consolidated results, indicating that reporting will include group-level numbers in addition to the company-only statements.

Separately, Kalind had disclosed that the outcome of a board meeting held on April 6, 2026 included actions such as appointment of an independent director, reconstitution of committees, inclusion of new objects in the main object clause, and amendments to the Memorandum and Articles of Association, subject to member approvals wherever required. The same outcome also referenced approval of a request under Regulation 31A.

Trading window closure ahead of audited results

Kalind also issued an intimation on closure of the trading window in connection with approval of audited financial results for the quarter and year ended March 31, 2026. This disclosure was dated March 24, 2026.

Trading window restrictions are typically aligned with insider trading controls around unpublished price sensitive information. The company’s filing ties the closure to the audited results approval process.

Recent governance and oversight changes

In disclosures around leadership and oversight, Kalind stated that it made significant changes to its governance structure. The board approved appointment of M/s D G K T & CO LLP as the new statutory auditors and Ms Riddhi Shah as the secretarial auditor, following the resignations of the previous auditors.

The company also disclosed that key board committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, were reconstituted with new members and chairpersons.

Company secretary and secretarial auditor changes

Kalind disclosed the resignation of Ms Poonam Khemka as Company Secretary and Compliance Officer, effective from close of business hours on February 28, 2026. It also stated it was in the process of appointing a new Company Secretary and Compliance Officer.

A separate update referenced the appointment of Anju Surajsingh Chauhan as Company Secretary and Compliance Officer, effective March 16, 2026. The company also disclosed the resignation of CS Nitin Sarfare, Practicing Company Secretaries, as Secretarial Auditor of the company.

Q3 FY26 numbers previously approved by the board (unaudited)

Kalind disclosed the outcome of a board meeting held on February 12, 2026, where it approved unaudited standalone and consolidated financial results for Q3 FY26 ended December 31, 2025. The meeting was conducted via audio-video conferencing from 7:30 PM to 9:05 PM.

On a standalone basis, revenue from operations for Q3 FY26 was reported at ₹14.9079 crore, compared with ₹0.0001 crore in Q3 FY25. Standalone net profit for Q3 FY26 was ₹3.0149 crore versus a loss of ₹0.1917 crore in Q3 FY25, while basic EPS was ₹0.59 compared with ₹(0.64).

For the nine months of FY26, standalone revenue from operations was ₹45.0462 crore versus ₹0.0004 crore in the comparable period of FY25, and net profit was ₹16.5199 crore versus a loss of ₹0.3588 crore. The company also disclosed quarter-level cost and expense line items, including cost of materials consumed of ₹15.7318 crore and employee benefits expense of ₹1.2749 crore.

Consolidated performance and subsidiary contribution

The company’s consolidated results (including subsidiary Prasad Earth Movers Private Limited, acquired on September 18, 2025) showed revenue from operations of ₹15.0867 crore for Q3 FY26 and ₹46.7316 crore for nine months FY26. Consolidated net profit was ₹2.4556 crore for Q3 FY26 and ₹12.2305 crore for nine months FY26.

Kalind also disclosed the subsidiary’s contribution: revenues of ₹0.6550 crore for the quarter and ₹2.5444 crore for the nine months period. The subsidiary reported a net loss of ₹0.5482 crore for Q3 FY26 and a net profit of ₹0.8157 crore for the nine months period.

Auditor resignation and qualified review noted in filings

Kalind reported that the board approved the resignation of M/s Mishra Karwa & Co., Chartered Accountants as Joint Statutory Auditors, effective February 11, 2026. The resignation was attributed to pre-existing professional commitments and resource constraints.

The company disclosed that JMMK & Co., Chartered Accountants continued as auditor. It also stated that qualified review reports noted inadequate reconciliation of machinery hire arrangements and corresponding income recognition, and that auditors were unable to obtain sufficient evidence regarding occurrence, completeness, and accuracy of hire income and related expenses.

Rights issue timeline and key terms disclosed earlier

Kalind disclosed that its Rights Issue Committee approved a rights issue worth ₹120.51 crore. The company stated it would issue 7,08,90,000 equity shares at ₹17 per share (face value ₹10 and premium ₹7) in a 139:100 ratio.

The disclosed timeline included January 30, 2026 as record date, issue opening on February 9, 2026, issue closing on February 16, 2026, allotment on February 17, 2026 and listing expected by February 18, 2026. The company also disclosed in-principle approval from BSE dated January 20, 2026, and the ISIN for credit of dematerialised rights entitlements as INE377D20026.

Key facts at a glance

Financial snapshot disclosed (converted to ₹ crore)

Market and investor context from disclosed snapshots

Market-price snapshots included in the material show different reference points. One table shows Kalind at ₹83.21 with a 5-day change of -7.46% and a “1st Jan change” of -45.02% (timestamped March 20, 2026 in the text). Another section lists historical returns for Kalind, including +0.96% for 1 day, +1.68% for 5 days, +16.78% for 1 month, +139.32% for 6 months, +1,181.76% for 1 year, and +9,035.45% for 5 years.

These disclosures provide context around how quickly market pricing and return snapshots can change depending on the observation date and source table. The next major financial disclosure on April 27, 2026 is the audited year-end result set, which typically becomes the reference point for updated annual financial comparisons.

Conclusion

Kalind’s April 27, 2026 board meeting is positioned to finalise audited standalone and consolidated results for the quarter and year ended March 31, 2026. The meeting comes after a period of corporate actions and governance updates, including auditor changes, committee reconstitution, trading window closure intimation, and a disclosed rights issue timeline. Investors tracking the stock will look to the audited filing for reconciled year-end numbers and the accompanying audit documentation once released through the exchange.