Kothari Industrial Corporation Limited has received approval from the Calcutta Stock Exchange (CSE) to voluntarily delist its equity shares effective June 02, 2026. The move ensures the company's securities remain listed only on BSE Limited, streamlining its market presence. The delisting was granted under the SEBI (Delisting of Equity Shares) Regulations, 2021.

The CSE issued the approval via letter no. CSE/LD/DL/18098/2026 dated June 01, 2026. This decision follows the company's compliance with the necessary regulatory framework for voluntary delisting. Consequently, the shares will be removed from the official list of the Exchange starting the specified date.

Delisting Details

The following table outlines the key details of the delisting:

The company's scrip code on BSE Limited remains 509732. The voluntary delisting from CSE does not impact the listing status on BSE Limited, where trading will continue as usual. The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kothari Industrial Corporation Limited has approved diversification into the ferrous and non-ferrous metals business to drive expansion and revenue growth. The Board of Directors sanctioned the new line of business on May 30, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This strategic move includes activities such as trading, manufacturing, processing, import, export, distribution, and other allied operations within the metal sector.

The company stated that the expected benefits of this initiative include business expansion, diversification, and revenue growth. The estimated amount to be invested in this new venture is yet to be determined and will be decided based on specific business requirements. The disclosure regarding this diversification is available on the company's official website.

The decision was communicated to BSE Limited, with the scrip code 531644, by Anil Kumar Padhiali, the Company Secretary and Compliance Officer. The filing confirms that the company is entering the metal industry to broaden its operational scope.

Details of the New Line of Business

Kothari Industrial Corporation Limited is headquartered at Kothari Building - No. 114/117, Mahatma Gandhi Salai, Nungambakkam, Chennai - 600 034. The Corporate Identity Number (CIN) of the company is L81100TN1970PLC005865.