KRN Heat Exchanger Announces 9th AGM on Sep 25, 2026
KRN Heat Exchanger will hold its 9th AGM on September 25, 2026, via VC/OAVM. The agenda includes adopting FY26 financial statements and approving revised remuneration for CMD Santosh Kumar Yadav (₹1.26 crore annually) and Whole-time Director Anju Devi (₹84 lakh annually) from April 1, 2026. Cut-off date for voting is September 18, 2026.
The announcement pertains to the Annual General Meeting and routine corporate governance matters, including remuneration adjustments which are within expected parameters. It does not indicate any significant new business, financial performance changes, or strategic shifts that would materially impact the company's operations or stock price.
The announcement is a routine corporate event (AGM) and does not contain any significant positive or negative financial news or strategic changes. The remuneration adjustments are standard procedural items for an AGM.
KRN Heat Exchanger and Refrigeration Limited has announced its 9th Annual General Meeting (AGM) to be held on Friday, September 25, 2026, at 3:00 PM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in accordance with the Companies Act, 2013, and SEBI Listing Regulations.
The company has submitted its Annual Report for the Financial Year ended March 31, 2026, along with the AGM notice. The Annual Report and AGM notice are being sent to all registered members and will also be available on the company's website (www.krnheatexchanger.com) and the stock exchanges' websites.
The 'cut-off date' for determining eligibility for remote e-Voting and e-Voting during the AGM has been fixed as Friday, September 18, 2026. Remote e-Voting will be open from Tuesday, September 22, 2026, 9:00 AM IST, to Thursday, September 24, 2026, 5:00 PM IST.
The agenda for the AGM includes the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, the re-appointment of a director retiring by rotation, ratification of remuneration for the Cost Auditor (M/s. R S Chauhan & Associates) for FY 2026-27, and approval of revised remuneration for the Chairman and Managing Director, Mr. Santosh Kumar Yadav, and Whole-time Director, Mrs. Anju Devi, effective April 1, 2026. Mr. Yadav's annual salary will be ₹1,26,00,000, and Mrs. Devi's will be ₹84,00,000.
A plain-language summary of a public exchange filing by KRN Heat Exchanger and Refrigeration Limited. Read the original for the full detail.