Kalana Ispat Share Price Today

Kalana Ispat adopts FY26 financial statements at 14th AGM

Kalana Ispat Limited held its 14th AGM on June 9, 2026, adopting audited financial statements for FY26 and re-appointing Managing Director Varghese Joseph Pottakerry. Shareholders approved special resolutions for transactions under Sections 185 and 186 of the Companies Act, 2013.

Kalana Ispat resubmits FY26 results following exchange observations

Kalana Ispat Limited resubmitted its audited FY26 results to the National Stock Exchange, correcting an inadvertent XBRL error regarding share capital reporting and providing legible documents. The company's total assets grew to ₹5,014.75 lakh, while cash reserves decreased following heavy investment in capital work-in-progress. Shareholders approved a reallocation of IPO funds, reducing the solar plant budget and increasing the rolling mill allocation, with ₹200.46 lakh remaining unutilized in fixed deposits.

Kalana Ispat promoters hold 55.13% stake, no encumbrances in FY26

Kalana Ispat Limited's promoters and promoter group hold a combined 55.13% stake in the company, with no shares encumbered during FY26. Varghese Joseph Pottakerry is the largest holder at 16.00%, while MIT Iron and Steel Private Limited holds 7.67% within the promoter group. The disclosure, filed by Aftabhusen S Khandwawala, complies with SEBI regulations regarding substantial acquisition of shares.

Kalana Ispat Sets AGM on June 9, Approves ₹200 Crore Loans

Kalana Ispat Limited scheduled its 14th AGM for June 9, 2026, to adopt audited financial results for the year ended March 31, 2026, reporting a net profit of ₹96.72 lakhs. The meeting will also seek shareholder approval for special resolutions to authorize loans and guarantees up to ₹200 crores under Sections 185 and 186 of the Companies Act. Additionally, the company proposes to reallocate ₹200.46 lakhs of unutilized IPO proceeds from a solar power project to its rolling mill project.