Corporate Governance and Capital Structure Updates
The Board of Directors of Kalpataru Limited announced several decisions on 6 February 2026, impacting the company’s governance framework and capital structure.
1. Appointment of Company Secretary and Compliance Officer
At the Board meeting, Mr. Gajendra Mewara was appointed as the Company Secretary and Compliance Officer. This appointment was communicated to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) through a formal notice dated 6 February 2026. The notice confirms that Mr. Mewara will assume his responsibilities in accordance with the Companies Act and applicable regulations.
2. Issuance of Non‑Convertible Debentures (NCDs)
The Board approved raising funds through the issuance of Non‑Convertible Debentures (NCDs) up to an aggregate amount of ₹350 crore. The NCDs will be issued on a private placement basis. The notice, sent to the NSE and BSE, details the proposed debenture issuance and specifies that the debentures will not convert into equity shares.
3. Financial Performance Disclosure
Kalpataru Limited released unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025. Multiple documents were disseminated on 6 February 2026, including:
- Press release
- Investor presentation
- Formal notice of Board approval
These disclosures provide interim financial information to shareholders and market participants prior to the final audited results. The documents were filed with the NSE and BSE and are available on the company’s website.
Market Data and Valuation Metrics
- Latest Trading Price (4 Feb 2026): ₹337
- 52‑Week High: ₹457.4 (8 Jul 2025)
- 52‑Week Low: ₹319.1 (1 Feb 2026)
- Market Capitalisation: ₹67,220,000,000
- Price‑Earnings Ratio: –104.766 (negative due to losses)
The company’s valuation reflects recent operating losses, as indicated by the negative P/E ratio. The upcoming NCD issuance is aimed at strengthening the balance sheet and supporting ongoing projects.
Summary
On 6 February 2026, Kalpataru Limited executed key corporate actions:
- Appointed a new Company Secretary and Compliance Officer.
- Approved a ₹350 crore private placement of Non‑Convertible Debentures.
- Disclosed unaudited financial results for the quarter and nine months ended 31 December 2025.
These actions were formally communicated to the NSE and BSE and are part of the company’s efforts to maintain regulatory compliance, enhance capital structure, and provide timely financial information to investors.
