Kothari Industrial Corporation Limited has formally notified BSE Limited of an upcoming board meeting scheduled for February 14, 2026, to consider the delisting of its equity shares from the Calcutta Stock Exchange (CSE). The announcement, made on February 6, 2026, follows the mandatory disclosure requirements under SEBI regulations.

Board Meeting Details

The board meeting will convene at the company's registered office, providing directors with the opportunity to deliberate on this significant corporate decision. The meeting parameters are outlined below:

Regulatory Compliance

The intimation has been made pursuant to Regulation 29 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide advance notice to stock exchanges regarding board meetings that may consider material corporate actions.

Corporate Communication

The formal communication was digitally signed by Anil Kumar Padhiali, Company Secretary and Compliance Officer, on February 6, 2026, at 14:05:48 +05'30'. The notification was addressed to BSE Limited at Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai, referencing the company's BSE scrip codes KOTIC and 509732.

Next Steps

The board will convene as scheduled to evaluate the proposed delisting from CSE. Such corporate actions typically require careful consideration of various factors including regulatory requirements, shareholder interests, and strategic business objectives. The outcome of this board meeting will determine the company's future listing status on the Calcutta Stock Exchange.

Kothari Industrial Corporation Limited has officially executed a Joint Venture Agreement with Accademia IUAD, Italy, to establish a design university in India. The partnership aims to develop design talent that meets global market demands, marking a significant milestone in the company's international collaboration strategy.

Joint Venture Agreement Details

The execution of this agreement follows the company's earlier disclosure dated November 29, 2025, which outlined the proposed joint venture with the Italian institution. The company has now moved from the proposal stage to formal agreement execution, with the primary objective of creating educational infrastructure for design excellence.

Strategic Vision for Design Education

The partnership with Accademia IUAD represents a strategic initiative to bridge the gap between Indian design education and global market requirements. The proposed design university aims to cultivate talent that can compete effectively in international markets while contributing to India's growing design and creative economy.

Regulatory Compliance

Kothari Industrial Corporation Limited has ensured full compliance with regulatory disclosure requirements. The company has filed the necessary intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, all disclosures required under Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, were previously provided in the earlier intimation.

The formal disclosure was signed by Anil Kumar Padhiali, Company Secretary and Compliance Officer, ensuring proper authorization and documentation of this significant corporate development. This joint venture agreement represents Kothari Industrial Corporation Limited's commitment to expanding its presence in the education sector through international partnerships with reputed institutions.