Kaiser Corporation Ltd (531780)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Kaiser's revenue was ₹1.3 Cr (-57.6% year on year, -57.7% on the previous quarter), and net profit ₹-0.7 Cr (a bigger loss than a year earlier); the operating margin was -44.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.3 | -57.6% | -57.7% |
| Operating profit | ₹-0.6 | loss narrowed | loss narrowed |
| Net profit | ₹-0.7 | loss widened | to loss |
| EPS (₹) | -0.07 | loss widened | to loss |
| Operating margin | -44.2% | — | — |
📢 Recent Corporate Announcements
Kaiser Corporation has submitted its Report on Complaints regarding the proposed Scheme of Amalgamation of Emazing Deals Limited with the company under SEBI Regulation 37. During the 21-day observation window from September 2, 2026, to September 23, 2026, zero complaints were received directly or via BSE. The submission marks a procedural regulatory step toward securing stock exchange and NCLT clearances. With Kaiser currently generating TTM revenues of Rs 10 Cr and operating at a net loss of Rs 2 Cr, investors must monitor the impending deal structure and share swap ratios.
- Scheme of Amalgamation involves transfer of Emazing Deals Limited into Kaiser Corporation Limited
- Zero complaints received during the period from September 2, 2026, to September 23, 2026
- Filing submitted under Regulation 37 and SEBI Master Circular dated December 22, 2020
- Draft scheme and documents were originally hosted on BSE on September 2, 2026
Kaiser Corporation's Board of Directors has approved the Scheme of Amalgamation of Emazing Deals Limited into Kaiser Corporation Limited, subject to approvals from shareholders, creditors, stock exchanges, and the NCLT. Emazing Deals provides e-commerce marketplace integration, logistics, and order fulfillment solutions. Alongside the merger, the Board appointed Navigant Corporate Advisors as Merchant Banker and Nikhil P Chandak as Registered Valuer, while also approving new Statutory, Secretarial, and Internal Auditors. The company's 33rd Annual General Meeting is scheduled for September 28, 2026.
- Approved Scheme of Amalgamation of Emazing Deals Limited into Kaiser Corporation Limited under Sections 230-232 of the Companies Act, 2013
- Appointed Navigant Corporate Advisors Limited as Category 1 Merchant Banker for the fairness opinion report
- Proposed appointment of Ganesh & Rajendra Associates as Statutory Auditors for a 5-year term from FY27 to FY31
- Scheduled 33rd Annual General Meeting for September 28, 2026, with cut-off date of September 21, 2026
Kaiser Corporation's Board approved the Scheme of Amalgamation to merge Emazing Deals Limited into the company, subject to NCLT, shareholder, and regulatory approvals. The company appointed Navigant Corporate Advisors as merchant banker for fairness opinion and Nikhil P Chandak as registered valuer. Additionally, the Board proposed the appointment of Ganesh & Rajendra Associates as statutory auditors and Divya Mohta as secretarial auditor for 5-year terms. The 33rd Annual General Meeting is scheduled for September 28, 2026.
- Scheme of Amalgamation approved to merge Emazing Deals Limited into Kaiser Corporation Limited
- Navigant Corporate Advisors appointed as SEBI-registered Category 1 Merchant Banker for fairness opinion
- 33rd Annual General Meeting scheduled for September 28, 2026, with cut-off date on September 21, 2026
- Statutory auditor (Ganesh & Rajendra Associates) and secretarial auditor (Divya Mohta) appointed for 5-year tenures up to 2031
Kaiser Corporation's Board has approved a Scheme of Amalgamation to merge Emazing Deals Limited into the company, subject to regulatory, NCLT, and shareholder approvals. In addition, the Board recommended the appointment of Ganesh & Rajendra Associates as Statutory Auditors for a 5-year tenure from FY27 to FY31 (subject to AGM approval on September 28, 2026). The company also appointed Registered Valuers and Merchant Bankers to complete the merger valuation and fairness opinion. This M&A move comes as Kaiser Corporation operates with TTM revenue of ₹10 Cr and a debt-to-equity ratio of 3.49.
- Approved Scheme of Amalgamation of Emazing Deals Limited into Kaiser Corporation Limited under Sections 230 to 232 of Companies Act, 2013
- Appointed M/s Ganesh & Rajendra Associates as Statutory Auditors for a 5-year period from 33rd AGM to 38th AGM (FY2026-27 to FY2030-31)
- 33rd Annual General Meeting scheduled for Monday, September 28, 2026 with cut-off date on September 21, 2026
- Appointed Navigant Corporate Advisors Limited for fairness opinion and Nikhil P Chandak as Registered Valuer for the merger
The Board of Directors of Kaiser Corporation Ltd has approved a Scheme of Amalgamation to merge Emazing Deals Limited (EDL) into the company, subject to regulatory, NCLT, and shareholder approvals. To facilitate the transaction, the board appointed Nikhil P Chandak as Registered Valuer and Navigant Corporate Advisors for the fairness opinion. Concurrently, the company scheduled its 33rd AGM for September 28, 2026, with book closure set from September 22 to September 28, 2026. Additionally, Ganesh & Rajendra Associates was proposed as statutory auditor for a 5-year term from FY27 to FY31.
- Approved Scheme of Amalgamation of Emazing Deals Limited into Kaiser Corporation Ltd under Sections 230-232 of the Companies Act, 2013
- Appointed Navigant Corporate Advisors Ltd as Category-1 Merchant Banker for fairness opinion and Nikhil P Chandak as Registered Valuer
- Scheduled 33rd Annual General Meeting on Monday, September 28, 2026 at 11:30 AM
- Book closure fixed from September 22, 2026 to September 28, 2026 with e-voting cut-off date on September 21, 2026
- Proposed appointment of Ganesh & Rajendra Associates as Statutory Auditors for a 5-year term (FY 2026-27 to FY 2030-31)
Kaiser Corporation's Board of Directors has approved a Scheme of Amalgamation to merge Emazing Deals Limited into Kaiser Corporation Limited. To execute the scheme, the board appointed Nikhil P Chandak as Registered Valuer and Navigant Corporate Advisors for the fairness opinion. The proposed merger is subject to approvals from shareholders, creditors, stock exchanges, and the NCLT. Additionally, the company announced its 33rd Annual General Meeting for September 28, 2026.
- Approved Scheme of Amalgamation of Emazing Deals Limited into Kaiser Corporation Limited under Sections 230 to 232 of Companies Act, 2013.
- Appointed Navigant Corporate Advisors Limited for the fairness opinion report and Nikhil P Chandak as Registered Valuer.
- Proposed appointment of Ganesh & Rajendra Associates as Statutory Auditors for a 5-year term (FY 2026-27 to FY 2030-31).
- Scheduled the 33rd AGM on September 28, 2026, with the cut-off date set as September 21, 2026.
Kaiser Corporation's Board has approved a Scheme of Amalgamation to merge Emazing Deals Limited into the company, subject to NCLT, stock exchange, and shareholder approvals. The company appointed Nikhil P Chandak as Registered Valuer and Navigant Corporate Advisors for the fairness opinion. Emazing Deals operates as an e-commerce retail and fulfillment enabler. Additionally, the 33rd Annual General Meeting is scheduled for September 28, 2026, alongside proposals to appoint new statutory auditors for a 5-year term.
- Scheme of Amalgamation approved to merge Emazing Deals Limited into Kaiser Corporation Limited
- Appointed Navigant Corporate Advisors as SEBI Registered Category 1 Merchant Banker for fairness opinion
- 33rd Annual General Meeting scheduled for September 28, 2026, with cut-off date on September 21, 2026
- Proposed appointment of Ganesh & Rajendra Associates as Statutory Auditors for a 5-year term (FY27 to FY31)
Kaiser Corporation has scheduled a Board of Directors meeting on August 21, 2026, to consider and approve a proposed Scheme of Amalgamation/Merger with Emazing Deals Limited. The board will also appoint valuers, merchant bankers, and other professionals, and initiate necessary regulatory filings with SEBI and NCLT. Additionally, the meeting will approve details for the company's 33rd Annual General Meeting. For context, Kaiser is a micro-cap trading firm (market cap ₹62 Cr) reporting negative TTM net profit of -₹2 Cr and high D/E of 3.49.
- Board meeting convened on August 21, 2026, at 3:30 PM to consider the merger scheme
- Scheme of Amalgamation proposed between Kaiser Corporation Ltd and Emazing Deals Ltd
- Board to appoint valuers and merchant bankers to determine deal structure and valuation
- Trading window closed from August 15, 2026, until 48 hours post board meeting outcome
- 33rd Annual General Meeting notice and book closure dates to be finalized
Four promoter group entities of Kaiser Corporation Ltd sold a combined 1,186,881 shares on August 11, 2026, as per disclosures received on August 13. The total transaction value is approximately ₹72.13 lakhs, representing about 1.16% of the company's ₹62 Cr market capitalization. This selling activity follows a significant historical decline in promoter holding, which dropped from 54.51% in December 2025 to 26.6% by June 2026. The company remains loss-making with a TTM PAT of ₹-2 Cr and a high debt-to-equity ratio of 3.49.
- Total of 1,186,881 shares sold by four promoter entities on August 11, 2026
- Aggregate transaction value of the sales amounts to ₹72,13,379.96
- H L Rochat Engineering Private Limited executed the largest sale of 532,157 shares
- Promoter holding has decreased from 54.51% in Dec 2025 to 26.6% in June 2026
- Company reported a negative operating profit margin of -33.01% for FY26
Four promoter group entities of Kaiser Corporation sold a combined 1,186,881 shares on August 11, 2026, via open market transactions. The total transaction value is approximately Rs 72.13 lakhs. This selling activity follows a sharp decline in promoter holding from 54.51% in December 2025 to 26.6% in June 2026. The company is currently loss-making with a TTM PAT of -Rs 2 crore and carries a high debt-to-equity ratio of 3.49.
- Total of 1,186,881 shares sold by four promoter entities on August 11, 2026
- Aggregate transaction value of approximately Rs 72.13 lakhs across all four entities
- H L Rochat Engineering Private Limited sold the largest block of 5,32,157 shares (1.01% stake)
- Prit Hi-Power Private Limited reduced its holding from 1.60% to 0.63% post-transaction
- Promoter group holding has significantly decreased from 54.51% in Dec 2025 to 26.6% in Jun 2026
Prit Hi-Power Private Limited, a promoter group entity of Kaiser Corporation, sold 9,44,830 shares on August 10, 2026, via an open market transaction. This sale, valued at approximately ₹57.61 lakhs, reduced the entity's stake from 3.40% to 1.60%. This transaction is part of a larger trend where total promoter holding in the company has plummeted from 54.51% in December 2025 to 26.6% as of June 2026. The company remains loss-making with a TTM PAT of ₹-2 crore and carries a high debt-to-equity ratio of 3.49.
- 9,44,830 shares sold by promoter entity Prit Hi-Power Private Limited on August 10, 2026
- Transaction value of ₹57,61,147.20 executed on the open market
- Entity's stake reduced by 1.80 percentage points, from 3.40% to 1.60%
- Overall promoter holding has declined from 54.51% in Dec 2025 to 26.6% in Jun 2026
- Company reported a net loss of ₹2 crore for the trailing twelve months (TTM)
Prit Hi-Power Private Limited, a promoter group entity of Kaiser Corporation Ltd, sold 11,88,667 shares on August 7, 2026, via the open market. The transaction was valued at approximately Rs 72.72 lakh, reducing the entity's individual stake from 5.66% to 3.40%. This sale occurs against a backdrop of a significant decline in total promoter holding, which fell from 54.51% in December 2025 to 26.6% in June 2026. The company currently reports negative operating margins of -33% and a high debt-to-equity ratio of 3.49.
- 11,88,667 shares sold by promoter entity Prit Hi-Power Private Limited on August 7, 2026
- Total transaction value of Rs 72,71,677.11 executed on the BSE
- Entity's stake reduced by 2.26 percentage points, from 5.66% to 3.40%
- Overall promoter holding has dropped from 54.51% (Dec 2025) to 26.6% (Jun 2026)
Promoter entity Prit Hi-Power Private Limited sold 6,87,180 shares of Kaiser Corporation on August 6, 2026, via an open market transaction. The sale, valued at approximately Rs 42.38 lakhs, reduced the entity's stake from 6.96% to 5.66%. This transaction occurs against a backdrop of a significant decline in total promoter holding, which fell from 54.51% in December 2025 to 26.6% in June 2026. The company remains loss-making with a TTM PAT of Rs -2 Cr and a high debt-to-equity ratio of 3.49.
- 6,87,180 shares sold by promoter Prit Hi-Power Private Limited on August 6, 2026
- Transaction value of Rs 42,38,111.74 executed on the Bombay Stock Exchange
- Promoter entity's stake reduced by 1.3 percentage points from 6.96% to 5.66%
- Overall promoter holding has dropped significantly from 54.51% in Dec 2025 to 26.6% in Jun 2026
Two promoter entities of Kaiser Corporation Ltd, Pask Holdings and H L Rochat Engineering, sold a combined 16.31 lakh shares on August 5, 2026. The total transaction value amounted to approximately Rs 1.01 crore, executed through open market sales on the BSE. This transaction is significant as the company's promoter holding has already seen a sharp decline from 54.51% in December 2025 to 26.6% in June 2026. The company currently reports negative operating margins of -33% and a high debt-to-equity ratio of 3.49.
- Total of 16,31,546 shares sold by two promoter group entities on August 5, 2026
- Aggregate sale value of Rs 1,00,78,670.62 realized through open market transactions
- Pask Holdings Private Limited reduced its stake from 3.26% to 1.84%
- H L Rochat Engineering Private Limited reduced its stake from 3.11% to 1.44%
- Promoter holding has dropped significantly from 54.51% (Dec 2025) to 26.6% (Jun 2026) prior to this sale
Pask Holdings Private Limited, a promoter group entity of Kaiser Corporation, sold 15,84,820 shares via open market transactions on August 3-4, 2026. This sale, valued at approximately Rs 99.11 lakh, reduced the entity's stake from 6.27% to 3.26%. This transaction occurs against a backdrop of declining overall promoter holding, which dropped from 54.51% in December 2025 to 26.6% by June 2026. The company currently reports a TTM loss of Rs 2 crore and maintains a high debt-to-equity ratio of 3.49.
- Sale of 15,84,820 equity shares by promoter entity Pask Holdings Private Limited
- Total transaction value of Rs 99,11,502.91 executed on the open market
- Entity's stake reduced by 3.01 percentage points, from 6.27% to 3.26%
- Overall promoter holding has seen a sharp decline from 54.51% in Dec 2025 to 26.6% in Jun 2026
- Company remains loss-making with a TTM PAT of Rs -2 crore and negative OPM of -33%
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