KNR Constructions Limited’s Board of Directors convened on August 13, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The meeting also saw the approval of material related party transactions with its subsidiary, KNRHC Baidyanath Banhardih Coal Mine Private Limited, and a related party, KNR-SIML (JV), subject to shareholder approval. Additionally, the board reviewed draft notices for the 31st Annual General Meeting and the Directors’ Report for the fiscal year ending March 31, 2026.
KNR Constructions Board Meeting Highlights
The Board of Directors of KNR Constructions Limited met on August 13, 2026, to address several key corporate matters. A primary outcome was the approval of the company’s unaudited financial results, both standalone and consolidated, for the first quarter of the fiscal year 2026-27, ending on June 30, 2026. These results, along with their limited review reports, have been submitted to the stock exchanges.
Key Approvals and Decisions
Significant approvals were granted for material related party transactions. These include a transaction with KNRHC Baidyanath Banhardih Coal Mine Private Limited, a subsidiary, and another with KNR-SIML (JV), a related party. Both transactions are contingent upon the subsequent approval of the company’s members at the upcoming annual general meeting. Furthermore, the Board approved the draft Notice for the 31st Annual General Meeting, scheduled for September 25, 2026, and the draft Directors’ Report for the year ended March 31, 2026, alongside the Corporate Governance Report and Management Discussion and Analysis Report.
Dividend and AGM Preparations
In preparation for the upcoming dividend payout, the Board fixed the record date as September 15, 2026. The company also appointed Mr. Vikas Sirohiya, a Practicing Company Secretary, to act as the scrutinizer for the e-voting process at the 31st Annual General Meeting, ensuring fairness and transparency. The board meeting commenced at 2:30 PM and concluded at 5:30 PM.
Source: BSE
