Kasturi Metal Composite Limited has announced the outcome of its Board Meeting held on November 3, 2026. The board approved the unaudited standalone and consolidated financial results for the half-year ended September 30, 2026, along with the Limited Review Report. Additionally, the company appointed Dr. CA Snehal Madhur Zanwar as the new Chief Financial Officer, effective November 4, 2026. The incorporation of a subsidiary was also approved.
Board Meeting Outcome
Kasturi Metal Composite Limited convened its Board Meeting on Tuesday, November 3, 2026. During this meeting, the Board of Directors took several key decisions, in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Results Approval
The Board considered and approved the unaudited financial results for the half-year ended September 30, 2026, presented on both standalone and consolidated bases. The Limited Review Report for these results was also approved and forms part of Annexure – A.
Leadership Appointment
In a significant change to its leadership, the company announced the appointment of Dr. CA Snehal Madhur Zanwar as the new Chief Financial Officer (CFO). This appointment is effective November 4, 2026, following the resignation of the previous CFO. Annexure – B provides further details on the appointment and Dr. Zanwar’s profile.
Subsidiary Incorporation
The Board also considered and approved the incorporation of a subsidiary. The disclosure requirements for this incorporation are detailed in Annexure – C. This move is part of the company’s strategic growth initiatives.
Meeting Details
The Board Meeting commenced at 2:00 PM and concluded at 4:05 PM on the same day. The information presented in this outcome is also available on the company’s website at www.steelfiberindia.in.
Source: BSE
