Kartik Investments Trust News

Kartik Investments Trust Auditor Name Change

Kartik Investments Trust Limited announces statutory auditor firm name change from M/s. R. Sundararajan & Associates to M/s. N. Raghavan & Associates, effective April 29, 2026, with no change in firm constitution.

YCAS Seeks Reclassification from Promoter Group to Public Category Following Shareholding Changes

Yanmar Coromandel Agrisolutions Private Limited (YCAS) has requested reclassification from 'Promoter and Promoter Group' to 'Public' category for Kartik Investments Trust Limited. The request follows a reduction in Coromandel International Limited's shareholding in YCAS from 40% to 10.60% due to a Rs.149.72 crore fund infusion by Yanmar Asia (Singapore) Corporation Pte Ltd on September 27, 2024. YCAS allotted 11,09,00,741 equity shares of face value Rs.10 each to Yanmar Singapore. Since CIL now holds less than 20% of YCAS equity share capital, YCAS no longer qualifies as a promoter group entity under SEBI regulations. YCAS currently holds no shares in Kartik Investments Trust Limited. The company will place the request before its Board for approval and subsequently seek approval from BSE Limited.