We are attaching the herewith Certified True Copy of the Resolution passed by the way of Postal Ballot conducted in accordance with the Circulars issued by the MCA and SEBI LODR Regulations
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Awaiting price reaction for this filing.
Kisan Mouldings has secured shareholder approval via postal ballot (declared on December 1, 2025) to reclassify 9 members of its promoter and promoter group as 'Public' category shareholders. Together, these outgoing promoters hold 39,85,664 equity shares, representing about 3.35% of the company's paid-up equity share capital — well below the 10% SEBI threshold. The largest holders among them are Veena Vijay Aggarwal (1.11%), Amit Vijay Aggarwal (0.75%), and Ashok Jagannath Aggarwal (0.61%). The reclassified members have confirmed they do not control the company, hold no special rights, are not wilful defaulters or fugitive offenders, and will not sit on the board or serve as key managerial personnel for at least 3 years. The move is now subject to final approval from BSE and other regulators.
This is a relatively small reclassification (3.35%) and is procedural in nature, not a change in actual ownership. It marginally trims the promoter group's shareholding and removes certain family members from the promoter tag, but should not materially affect the stock price or shareholder value.