Announcement under Regulation 30 (LODR)-Change in Management.
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Awaiting price reaction for this filing.
KG Petrochem's board, meeting on August 13, 2025, approved the standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with the limited review report. Three director changes were announced: Mr. Dilip Kumar Bhatia (75, ex-State Bank of Bikaner & Jaipur) was appointed as a Non-Executive Independent Director for five years; Mr. Sanjay Sharma, already with the company for over 10 years in supply chain and operations, was appointed as Executive Director; and Mr. Anand Mishra was re-appointed as Non-Executive Independent Director for a second five-year term starting February 13, 2026. M/s. Arpit Vijay & Co. was named as the new Internal Auditor, and M/s. ARMS and Associates LLP was appointed as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). The 45th Annual General Meeting was scheduled for September 18, 2025.
For shareholders, this is largely housekeeping with no negative governance signals — all changes are fresh appointments or re-appointments, none of the new directors are debarred by SEBI, and the AGM will seek shareholder approval for the new directors and secretarial auditor. The Q1 FY26 results and any guidance from the AGM on September 18 will be the next meaningful catalyst for the stock.