KENNAMETBSEKennametal India Ltd-$MinimalNeutral
Announced Sat, 23 May · 17:26 IST

Please find enclosed a copy of newspaper advertisement regarding Notice of Postal Ballot and remote E-voting information

KENNAMET · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹2925.00
prior close
₹2939.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.2-0.4-1.5+5.2+1.9-0.9-2.6-0.5-0.3+3.7+2.9-3.2
Up moveDown movePending
AI summary

Kennametal India Limited has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting for two Ordinary Resolutions. Resolution 1 seeks approval for material related party transactions with Kennametal Inc., USA. Resolution 2 seeks approval for material related party transactions with Kennametal Europe GmbH, Switzerland. The postal ballot notice was dispatched via email on Friday, May 22, 2026, to members as of the cut-off date of May 8, 2026. Voting period runs from May 23, 2026 (9:00 AM IST) through June 21, 2026 (5:00 PM IST). Results will be declared by June 23, 2026. Mr. Vijayakrishna K T has been appointed as the Scrutinizer.

Likely market impact

Shareholders should vote on these related party transactions before June 21, 2026. If approved, the transactions with the parent company and European subsidiary will continue, affecting the company's material transaction framework.