we are attaching herewith Proceedings of the Postal Ballot for approval of Re-classification of Promoter/Promoter Group Category to "Public" Category Shareholders of the Company
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Kisan Mouldings Limited has submitted the certified true copy of the Postal Ballot proceedings dated November 30, 2025, where shareholders approved the reclassification of nine members of the Aggarwal family from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI's Regulation 31A. Together, these outgoing promoters hold 39,85,664 equity shares, which is 3.35% of the company's paid-up equity share capital. Key individuals being reclassified include Veena Vijay Aggarwal (1.11%), Amit Vijay Aggarwal (0.75%), and Ashok Jagannath Aggarwal (0.61%). The outgoing promoters have confirmed they collectively hold less than 10% of the company's share capital, do not exercise control, and have no special rights. The CMD Sanjeev Aggarwal continues to head the company, and the resolution was passed by ordinary resolution via remote e-voting between November 1 and November 30, 2025. Voting results and scrutinizer's report will be filed separately.
This reclassification reduces the promoter group's shareholding by 3.35%, shifting these shares into the public category, which may marginally improve the public float and free-float metrics. Notably, key management personnel like Sanjeev Aggarwal (CMD) and Rishav Aggarwal (Whole Time Director) remain in their roles and as promoters, so operational control is unaffected. The change may be seen as housekeeping rather than a major restructuring event.