Kiri Industries Limited has scheduled an earnings conference call to discuss the financial performance of the company for the quarter and year ended March 31, 2026. The interaction is set to take place on Monday, June 1, 2026, at 10:30 AM IST. This follows the company's board meeting scheduled for May 30, 2026, where the audited standalone and consolidated financial results are expected to be considered and approved.

The conference call is open to investors and the general public, providing an opportunity to engage with the company's management regarding the quarterly and annual outcomes. The company has confirmed that no unpublished price sensitive information will be shared during the meeting, in compliance with SEBI regulations.

Management Participation

The discussion will feature key members of the company's leadership team, including the Chairman and Managing Director, the Vice President of Accounts and Finance, and the Company Secretary. The CEO of Indo Asia Copper Limited will also be present to address queries.

Meeting Details

Participants can join the discussion via universal dial-in numbers or specific toll-free lines for the USA, UK, Singapore, and Hong Kong. A Diamond Pass link and Investor Kit have also been made available for access.

Kiri Industries submitted its monitoring agency report for the quarter ended March 31, 2026, to the stock exchanges on May 12, 2026. The report, filed pursuant to Regulation 32(6) of the SEBI (LODR) Regulations and Regulation 162A(4) of the SEBI (ICDR) Regulations, was issued by CRISIL Ratings Limited. It details the utilization of proceeds raised through the issuance of warrants convertible into equity shares on a preferential basis.

The preferential issue, which opened on September 27, 2024, and closed on October 15, 2024, had a total issue size of ₹492.02 crore. The company issued warrants at a price of ₹369 per share. As per the report, the company received proceeds of ₹398.88 crore from the issue upon allotment and conversion of fully convertible warrants up to the quarter ended March 31, 2026. The current market price per share as on April 15, 2026, stood at ₹424.

Utilization of Proceeds

The monitoring agency confirmed that the company has utilized ₹398.41 crore towards the objects of the issue. No proceeds were utilized during the quarter ended March 31, 2026. The remaining balance of ₹0.47 crore is lying in the preferential issue account and has been deployed in fixed deposits. The report noted that the remaining balance of ₹93.14 crore was expected to be received within 18 months from the date of allotment upon conversion of warrants, which the company confirmed receiving as per a stock exchange announcement dated April 11, 2026.

The following table summarizes the utilization of funds towards the specified objects:

Deployment of Unutilized Proceeds

The unutilized proceeds totaling ₹0.47 crore have been temporarily deployed. A sum of ₹0.10 crore is invested in a fixed deposit account held with HDFC maturing on August 6, 2026, offering a return of 7.25%. The balance of ₹0.37 crore is maintained in the preferential issue account. The monitoring agency confirmed that there were no deviations from the objects of the issue and that all utilization was in line with the disclosures in the offer document. The report was signed by Shounak Chakravarty, Director, Ratings (LCG) at CRISIL Ratings Limited, and the company secretary Suresh Gondalia filed the submission on behalf of Kiri Industries.