Kisan Mouldings reclassifies promoter shares to public category

Kisan Mouldings Limited has reclassified a portion of its promoter and promoter group shareholding to the public category, following a postal ballot approved on November 30, 2025. This reclassification, conducted via electronic remote e-voting, aligns with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reclassification involves several individuals and HUFs, including Veena Vijay Aggarwal and Sanjeev Amarnath Aggarwal, who collectively held 3,985,664 equity shares, representing 3.35% of the total paid-up equity share capital.

The "outgoing promoters" have confirmed they do not hold more than 10% of the company's fully paid-up equity share capital, do not exercise direct or indirect control over the company’s affairs, and do not possess special rights. Furthermore, they will not be represented on the board of directors or act as key managerial personnel for a period exceeding three years from the date of shareholder approval.

Sanjeev Aggarwal, chairman & managing director, along with Rishav Aggarwal, whole time director, have been authorized to execute all necessary acts and filings to give effect to this resolution, including applications to stock exchanges for approval. The remote e-voting period for this resolution commenced on November 1, 2025, and concluded on November 30, 2025.