Kesoram 107th AGM on Aug 18, 2026; Annual Report FY26, no dividend
KESORAMIND · price
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Kesoram Industries will hold its 107th AGM on August 18, 2026 at 11:30 AM via video conferencing. Standalone FY26 total income was 5073.19 lakhs versus 2381.23 in FY25. Net loss stood at 20686.58 lakhs due to exceptional items of 24215.49 lakhs. No dividend proposed due to losses. Subsidiary Cygnet Industries faced challenging conditions. Open offer by Frontier Warehousing Limited announced, leading to expected change in control. Re-appointment of Independent Director Mangala Radhakrishna Prabhu proposed.
AGM is routine but open offer signals potential change in control. Subsidiary losses and no dividend are negatives for shareholders.