Kalind Limited Shareholders Back New Directors and Key Corporate Actions

Kalind Limited's Extra Ordinary General Meeting (EOGM) on March 27, 2026, concluded with shareholders approving all proposed resolutions. A total of 36,142,726 votes were polled, representing 29.6519% of outstanding shares. The meeting saw participation from 42 shareholders, casting votes on 121,890,000 shares through remote e-voting and venue attendance.

The EOGM confirmed significant personnel appointments, including Mr. Vishal Patil as a Non-Executive Independent Director and Mrs. Ketanaben Jasani as a Non-Executive Non-Independent Director. Additionally, D G K T & CO LLP was appointed as the Statutory Auditors to fill a casual vacancy.

Shareholders also granted broad approvals for crucial corporate powers. These include enhanced borrowing limits, provisions for granting loans, guarantees, securities, making investments, and the potential disposal of company undertakings.

These developments are expected to bolster the company's governance and strategic direction. The appointment of new directors potentially brings fresh perspectives. The wide-ranging approvals for corporate actions give management significant flexibility to pursue business opportunities, manage finances, and optimize operations. The increased borrowing limit will empower Kalind Limited to access additional capital for future projects or working capital needs.

Kalind Limited, formerly known as Kalandi Infrastructure Limited, operates within the infrastructure and construction sector. The recent name change suggests a strategic re-evaluation aimed at aligning the company's identity with its evolving business objectives.