News

KG Petrochem Q3FY26 Results: Revenue Drops to ₹5,381.52 Lacs

KG Petrochem reported Q3FY26 revenue of ₹5,381.52 lacs, down from ₹10,476.05 lacs in Q3FY25. The company posted a net profit of ₹2.65 lacs compared to ₹278.19 lacs in the previous year quarter.

KG Petrochem Issues ₹24 Crore Corporate Guarantee

KG Petrochem Limited issued a corporate guarantee of ₹24.00 crores in favour of HDFC Bank for HEX Exports Private Limited's credit facility, with no promoter interest in the transaction.

KG Petrochem Reports Quarterly Results for September 2025

KG Petrochem Limited announced its standalone unaudited financial results for the quarter and half year ended September 30, 2025. The Board of Directors approved these results in their meeting held on November 12, 2025. The company operates in two main segments: Textiles and Technical Textile. The results were reviewed by the Audit Committee and subjected to limited review by statutory auditors H.C. Bothra Associates. The company has no subsidiary, associates, or joint venture companies as of September 30, 2025.

KG Petrochem Board Approves Rs 100 Crore Investment Limit Increase and Rs 20 Crore Corporate Guarantee

KG Petrochem Ltd.'s Board of Directors approved several key decisions during their April 1, 2025 meeting. The board approved an increase in investment limits up to Rs 100 crores and a corporate guarantee of Rs 20 crores in favor of HDFC Bank Limited to secure credit facilities for Suave Casa Ideas Private Limited. The company will receive a guarantee commission of 0.5% per annum for providing this guarantee. Both companies are led by the same group of promoters, and the Audit Committee has given prior approval for the guarantee at arm's length terms. The board also approved related party transactions and scheduled an Extraordinary General Meeting for April 28, 2025. Remote e-voting will be available from April 25-27, 2025, with April 21, 2025 as the cut-off date for voting eligibility. All decisions require shareholder approval at the upcoming meeting. The guarantee will be disclosed as a contingent liability in the company's financial statements.