Kothari Industrial Corporation Limited (KICL) has made significant strides in its corporate journey, marking two important milestones: the revocation of its trading suspension on the Calcutta Stock Exchange (CSE) and the successful completion of a preferential share allotment.

Trading Suspension Revoked

The Calcutta Stock Exchange has lifted the trading suspension on KICL, effective December 5, 2025. This move allows the company's securities to be traded once again on the CSE platform, potentially improving liquidity for shareholders and opening up new avenues for investor participation.

Preferential Share Allotment

In a separate development, KICL has successfully completed a preferential allotment of shares. The company issued 1,131,068 equity shares at a price of Rs. 207.00 per share to non-promoter entities. This share issuance has resulted in a capital infusion of Rs. 23.41 crores for the company.

Key details of the preferential allotment:

The preferential issue was executed following the necessary board approvals and after receiving in-principle approval from BSE Limited.

Impact on Financial Position

The recent capital infusion through the preferential allotment is reflected in the company's latest balance sheet data. As of March 2025:

The substantial increases in shareholders' capital and reserves indicate a significant strengthening of the company's equity base, likely bolstered by the recent share allotment.

These developments - the resumption of trading on CSE and the successful capital raise - may position Kothari Industrial Corporation Limited for potential growth and improved market presence. Investors and market participants will likely monitor the company's future performance and utilization of the newly raised capital closely.

As always, stakeholders are advised to conduct their own research and consider their financial goals before making investment decisions based on these corporate actions.

Kothari Industrial Corporation Limited has filed an application with BSE Limited seeking approval to reclassify certain promoter entities from the promoter category to the public category. This move aligns with the Securities and Exchange Board of India (SEBI) regulations.

Key Details of the Reclassification Request

The company has disclosed that the following entities have applied for reclassification:

Timeline and Process

The reclassification application was submitted on December 3, 2025, following board meeting outcomes and previous intimations regarding the proposed category change.

Compliance with SEBI Regulations

While specific details about compliance were not provided in the update, it's standard practice for such applications to confirm that the applicants meet the necessary conditions for reclassification as stipulated by SEBI. These conditions typically include:

• Holding less than 10% of the total voting rights in the company
• Not exercising control over the affairs of the company, either directly or indirectly
• Not having any special rights through formal or informal arrangements, including shareholder agreements

Next Steps

The application will be reviewed by BSE Limited. Kothari Industrial Corporation Limited may need to provide additional information or clarifications as required by the regulatory authorities during this process.

Implications of Reclassification

If approved, this reclassification could potentially:

1. Alter the company's shareholding structure
2. Impact the public float of the company's shares
3. Change the disclosure requirements for the entities involved

It's important to note that the reclassification process is subject to regulatory approval and must comply with all relevant SEBI guidelines.

Investors and stakeholders of Kothari Industrial Corporation Limited should monitor further announcements regarding the outcome of this reclassification application, as it may have implications for the company's ownership structure and governance.