Mr. Raman Krishnamoorthy had been appointed as Whole time Director w.e.f August 02, 2025. Pursuant to his appointment, his role as Manager and Chief Operating Officer will cease to exist ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kaycee Industries reported Q1 FY26 standalone revenue of Rs. 1,389.60 lakhs, up about 10% year-on-year, but net profit slipped to Rs. 139.79 lakhs from Rs. 150.42 lakhs in the same quarter last year. Consolidated net profit was Rs. 126.00 lakhs after factoring in a Rs. 13.79 lakh loss from associate Ultrafast Chargers. Mr. Raman Krishnamoorthy, who was already Manager and COO since May 2021, has been elevated to Whole Time Director for a 3-year term starting August 2, 2025. Independent Director and Chairman Mr. N. Rangachary resigned effective August 1, 2025, and existing Independent Director Mr. Jayaraman Balasubramanian (on the board since 2019) has taken over as Chairman. The Board also noted a BSE letter flagging non-compliance under Regulation 24A for delayed filing of the Secretarial Compliance Report and asked the Company Secretary to be more vigilant.
Operating performance is mixed - top line grew double-digit but bottom line dipped slightly versus last year's Q1. For shareholders, the key positives are a clean audit (unmodified limited review) and continuity in leadership since the COO has been promoted internally; the negatives are the chairman-level exit and a regulatory compliance flag on secretarial filings, which may draw closer scrutiny from exchanges.