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Kanoria Energy & Infrastructure LtdImportant, 24-07-2026: Company Update

24-07-2026 | 12:24 pm

Kanoria Energy & Infrastructure submitted its Annual Report and announced its 46th AGM. The company reported FY26 total income of Rs 270.27 Cr and PAT of Rs 0.39 Cr, both lower year-on-year. A final dividend of Re. 0.05 per share is proposed. Shareholders will vote on director changes, including re-appointing Rajiv Lall Adya as Whole Time Director (salary up to Rs 1.10 Cr) and appointing veteran IAS officer Stuti Narain Kacker as Independent Director. Anish Kanoria is also proposed as Whole Time Director (salary up to Rs 30.00 Lakhs). The Ethanol project is halted. Legal disputes continue with Gujarat Composite Ltd over a Rs 119.59 Cr claim and a Rs 122.62 Cr counter-suit.

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