KG Petrochem Ltd — Important, 30-07-2026: Company Update

KG Petrochem's Board approved the financial year's Board's Report. Key decisions include a proposed corporate guarantee of ₹3.5 Crore for related party M/s. Suave Casa Ideas Private Limited, attracting a 0.5% annual commission, awaiting shareholder approval. The Board proposed re-appointing Mr. Manish Singhal as Managing Director, Mrs. Prity Singhal as Whole Time Director, and Mr. Gauri Shanker Kandoi as Chairman cum Whole Time Director. Further, following the committee's suggestion, it approved Mr. Anjal Kejruwal as an Additional Director and proposed his five-year term as an Independent Director, all subject to shareholder consent. The Annual General Meeting is scheduled to address these proposals.