KITEX

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- Kitex Garments Limited's Board of Directors reconstituted its Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Risk Management Committee, effective June 30, 2026.

- Kitex Garments Limited announced the appointment of K. Venkatachalam Aiyer & Co, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-2027. This appointment was approved by the Board of Directors on June 30, 2026.

- The Board approved the appointment of Mr. Bijoy Philipose as an Additional Director, designated as a Non-Executive Independent Director. - The appointment is effective from June 30, 2026, for a term of five years, subject to shareholder approval.

- Intimation of Trading Window closure. - Trading window closes from July 01, 2026. - Will reopen 48 hours after declaration of Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026.

- Kitex Garments Limited will hold meetings on July 24, 2026, for Equity Shareholders (11:00 AM) and Unsecured Creditors (2:30 PM) via VC/OAVM, to approve a demerger scheme for Kitex Childrenswear Limited. - Remote e-voting is from July 20, 2026 (9:00 AM) to July 23, 2026 (5:00 PM). - Cut-off dates for voting eligibility: Equity Shareholders - July 17, 2026; Unsecured Creditors - March 31, 2026.

- Mr. Chenakkott Philipose Philipose has resigned as an Independent Director of Kitex Garments Limited. - The resignation is effective from June 06, 2026, due to personal reasons. - He confirmed there are no other material reasons for his resignation.

- Mr. Chenakkott Philipose Philipose has resigned as an Independent Director of Kitex Garments Limited. - The resignation is effective from June 06, 2026, due to personal reasons. - He will also cease to be a member/chairperson of Board Committees.

Consolidated Revenue from Operations was ₹166.17 Cr vs ₹300.17 Cr (▼44.6% YoY), EBITDA ₹1.67 Cr vs ₹51.14 Cr (▼96.7% YoY), and PAT was a loss of ₹9.29 Cr vs a profit of ₹31.82 Cr YoY. EBITDA Margin contracted from 17.04% to 1.00% (▼1604bps). The company recommended a final dividend of ₹0.50 per equity share. The auditors issued a qualified opinion on standalone financial results regarding the recoverability of investment in an associate company whose net worth is fully eroded.

Kitex Garments Limited reported Consolidated Revenue of ₹166.17 Cr vs ₹300.17 Cr (▼45% YoY), EBITDA of ₹1.67 Cr vs ₹51.14 Cr (▼97% YoY), and PAT of ₹(9.29) Cr vs ₹31.82 Cr (▼129% YoY, from profit to loss) for the quarter ended March 31, 2026. EBITDA Margin contracted significantly to 1.00% from 17.03% (▼1603 bps). The Board recommended a final dividend of ₹0.50/- per equity share. Standalone financial results received a qualified audit opinion due to unverified recoverability of investment in an associate with fully eroded net worth.

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Kitex Garments Limited submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, confirming that dematerialization requests for the quarter ended March 31, 2026, were processed by the RTA within the stipulated time.

Kitex Garments and its promoter group are investing an additional ₹171.23 Cr into subsidiary Kitex Apparel Parks Limited (KAPL), with 70% from the company. This investment, by converting advances into equity, supports KAPL's textile manufacturing operations, which commenced in FY 25-26.