Kanishk Aluminium India Ltd

Kanishk Aluminium India Limited, formerly known as Kanishk Aluminium India Private Limited, submitted a certificate to the Bombay Stock Exchange, Central Depository Services (India) Limited, and National Securities Depository Limited under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, with KFin Technologies Limited acting as the Registrar and Share Transfer Agent.

Kanishk Aluminium India Limited informed the BSE Limited that the trading window for all designated persons and their immediate relatives will be closed from October 1, 2026, until 48 hours after the announcement of the company’s financial results for the half year ended September 30, 2026.

Kanishk Aluminium India Limited, formerly Kanishk Aluminium India Private Limited, announced its board approved the incorporation of a subsidiary, Falcon Global Business Limited, which will be engaged in the trading of electronic and IT equipment and metals. The listed entity will hold 70% of the shares in the proposed company, with a planned investment of up to Rs 25,00,000, and the incorporation is subject to regulatory approvals. The company will also remain closed from September 21, 2026, to September 24, 2026, for its Eighth Annual General Meeting.

Kanishk Aluminium India Limited, formerly Kanishk Aluminium India Private Limited, announced its board approved the incorporation of a subsidiary, Falcon Global Business Limited, which will be engaged in the trading of electronic and IT equipment and metals. The listed entity will hold 70% of the shares in the proposed subsidiary, with a planned investment of up to Rs 25,00,000, and the incorporation is subject to regulatory approvals. The company will also remain closed from September 21, 2026, to September 24, 2026, for its Eighth Annual General Meeting.

Kanishk Aluminium India will hold a meeting of the Board of Directors of the Company on 29 May 2026.

The scrip listed at Rs 58.40, a 20% discount to the issue price. The stock was currently frozen at its lower limit of 5% to the listing price. The stock touched a high of Rs 58.40 and a low of Rs 55.48, with around 19,000 shares changing hands on the counter. Kanishk Aluminium India's IPO was subscribed 1.04 times. The issue opened for bidding on 28 January 2026 and it closed 30 January 2026. The price band of the IPO was fixed at Rs 73 per share. The IPO comprised fresh issue of 40,00,000 equity shares. The promoter and promoter group shareholding diluted to 70.24% from 99.99% pre-issue. The company intends to utilise the net proceeds for repayment/prepayment, in full or part, of certain borrowings availed by the company, branding and promotion of Brand Baari by Kanishk and general corporate purposes. Kasturi Metal Composite manufactures a wide range of aluminium extrusion products, including solid and hollow profiles, solar profiles, railings, heat sinks, and aluminium doors and windows, serving industries such as electronics, automotive, solar, furniture, transport, electrical and architecture. Built on a focus on continuous improvement and operational excellence, the company expanded its portfolio in 2024 with the launch of its premium brand, Baari by Kanishk, which offers high-quality aluminium system doors and windows across multiple designs and configurations. As of 30 November 2025, the company had a total workforce of 46 employees. The company recorded revenue from operations of Rs 29.18 crore and net profit of Rs 2.15 crore for the period ended 31 August 2025. Powered by Capital Market - Live