KVS Castings Ltd. ಖಾತೆಯ ಉಪಯುಕ್ತ ಮಾಹಿತಿ

Mar 31, 2026

Term Loan from Punjab National Bank & from YES Bank Limited is secured by first pari-passu charge shared with other banking lenders by way of hypothecation over the present and future movable fixed assets of the Company under multiple banking system and further secured by first pari-passu equitable mortgage / charge over leasehold industrial properties, factory land and building situated at Kashipur, Uttarakhand, including specified industrial plots and non-agricultural lands, together with personal guarantees of promoters / directors and corporate guarantee of Kumaun Garhwal Infrastructural Industrial Corporation Private Limited . The said term loan is repayable in72 nos of equal instalments starting from Jan, 2027 up to Dec. 2032. The above facilities are further collaterally secured by pari-passu equitable mortgage/ charge over the following immovable properties situated at Kashipur (Udham Singh Nagar), Uttarakhand:

1. Lease rights of industrial land and building at Plot No. B-25 & B-26 standing in the name of Shri Devendra Kumar Agarwal situated at Village Hempur Ismile & Sandkhera, Bazpur Road, Kashipur;

2. Land bearing Khasra No. 104/5/1, 104/5/2 and 105 Min admeasuring 0.4805 acres standing in the name of Shri Arpan Jindal situated at Village Jaitpur Ghosi, Bazpur Road, Kashipur;

3. Lease rights of industrial land and building at Plot No. C-25, C-26 & C-27 standing in the name of the Company situated at Village Hempur Ismile & Sandkhera, Bazpur Road, Kashipur; and

4. Industrial land admeasuring 7.64 acres standing in the name of Kashi Vishwanath Steels Private Limited situated at Village Girdhai & Baghelewala, Aliganj Road, Kashipur, over which mortgage has been created in favour of Catalyst Trusteeship Limited.

Statutory Impact of New Labour Code

The Government of India has enacted the labour codes, which subsume and replace multiple existing labour laws: Code on Wages, 2019, Industrial Relations Code, 2020, Code on the Social Security, 2020, Occupational Safety, Heath & Working Conditions Code, 2020. The implementation of labour codes is subject to issuance of the relevant rules and notifications by the Central and State Goverments. The Comapny has undertaken as assessment of the potential impect of these labour codes on its financial statements, including employees benefits, social security contributions and related compliances. Based on the assessment carried out and considering the current ststus of implementation, the comapny does not expect a material impect on its financial information at the time of adoption. The comany will continue to monitor the developments in this regard and will appropriately evaluate and account for the impact, if any, in the period in which the labour codes become effective.

f) CSR Expenditure

As per Section 135 of the Companies Act, 2013 ("the Act”), a Company, which meets the applicable threshold limits as prescribed, needs to spend at least 2% of its average net profit for the immediately preceeding three financial years on corporate social responsibility (CSR) activities. The areas for CSR activities are promotion of education, promotion of sports, women empowerment, Infrastructure facilities and rural development projects. A CSR committee has been formed by the Company as per the Act. The funds were primarily allocated to corpus and utilized during the year on these activities which are specified in Schedule VII of the Act:

g) Initial Public Offer

During the year 2025-26, the Company successfully completed its Initial Public Offering (IPO) amounting to Rs. 2783.20 lakhs (fresh issue) comprising 49,70,000 equity shares at an issue price ofRs. 56 per share (Face Value Rs.10/-per share with Security Premium of Rs.46/-per Share) . The company raised Rs 2783.20 Lakhs with net proceeds of Rs 2373.93 Lakhs. The Company’s equity shares were listed on the SME Platform of BSE Limited on October 6th 2025. The proceeds from IPO are being utilised strictly in line with the objects approved in the offer document and by shareholders.

i) The Title Deeds of all the Immovable Properties (other than the properties where the company is lessee and the lease aggrements are duly executed in favour of the lesseee) are held in the name of Company

j) The Company has not Revalued its Property, Plant and Equipment or Intangible Assets during the Year Ended on March 31st, 2026

k) There are no loans or advances in the nature of loans granted to related parties.

l) There are no Intangible assets under development:

m) The Company does not have any Benami Property, further no proceeding has been initiated or pending against the company for holding any Benami Property.

n) The Company has duly filed monthly statements with the banks for the sanctioned working capital facilities against security of current assets, which are in agreement with the books of account.

o) The company has not been Declared Willful Defaulter by any Bank or Financial Institutions or Government or any Government Authority.

p) The company does not have any transactions with Companies Struck off Under Section 248 of the Companies Act, 2013.

q) There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period.

r) No Scheme of Arrangements which have been approved by the Competent Authority in terms of Section 230 to 237 of the Act in relation to the Company.

s) The Company has compiled with the number of layers prescribed under section 2(87) of the Act read with Companies (Restriction on number of layers) Rules, 2017

t) The Company has not traded or invested in Crypto Currency or Virtual Currency during the respective financial year period.

y) Previous year figures have been regrouped/reclassified wherever to make its comparable.

z) There are no such transactions that has not been recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Incmone Tax Act ,1961

aa) The financial statements for the year ended March 31,2026 were approved by the Board of Directors on May 30, 2026.