Kothari Industrial Corporation Limited conducted its Extra Ordinary General Meeting (EGM) on January 27, 2026, at 11.00 A.M. through Video Conference/Other Audio-Visual Means (VC/OAVM). The meeting was chaired by Mr. Rafiq Ahmed and concluded at 11.07 A.M.

Meeting Structure and Compliance

The EGM was conducted in accordance with circulars issued by the Ministry of Corporate Affairs and Securities & Exchange Board of India. The Company Secretary confirmed the presence of required board members, including the Chairman and members of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The required quorum was declared present before proceeding with the agenda.

Key Agenda Items

The EGM addressed two special business items requiring shareholder approval:

Voting Process and Compliance

The company provided comprehensive voting facilities to ensure shareholder participation:

• Remote e-voting period: January 24-26, 2026
• Cut-off date: January 20, 2026
• Additional e-voting: Available during EGM through CDSL platform
• E-voting window closure: 15 minutes after EGM conclusion

The voting process was conducted in compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Proceedings

The EGM notice was distributed via email to all shareholders who had registered their email addresses with the company or Registrar and Share Transfer Agents within the statutory time period. No speakers were registered for the meeting, though the Chairman informed members they could submit queries via email for prompt responses.

Results and Next Steps

The Company Secretary announced that scrutinizers had been appointed for the e-voting process, and voting results would be declared within 2 working days from the meeting's conclusion. The proceedings represent a summary and should not be regarded as the official minutes of the meeting.

Kothari Industrial Corporation Limited has successfully obtained trading approval from BSE Limited for its preferential equity issue worth ₹234.47 crores. The Chennai-based company announced this development through a regulatory filing dated January 22, 2026, marking a significant milestone in its capital raising initiative.

Share Issue Details

The preferential issue comprises specific parameters that highlight the scale and pricing of the transaction:

Trading Commencement

BSE Limited granted the trading approval on January 21, 2026, with trading commencing effective January 22, 2026. The exchange issued Notice No. 20260121-45 dated January 21, 2026, informing trading members about the listing of these securities. This notice was made available on BSE's website for reference by market participants.

Regulatory Compliance

Kothari Industrial Corporation filed the intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Anil Kumar Padhiali, Company Secretary and Compliance Officer, ensuring adherence to disclosure requirements. The company attached a copy of the trading approval letter received from BSE Limited as supporting documentation.

Corporate Information

The company operates from its registered office at Kothari Building, 114/117 Mahatma Gandhi Salai, Nungambakkam, Chennai - 600034. Kothari Industrial Corporation Limited holds CIN number L81100TN1970PLC005865, indicating its incorporation in Tamil Nadu in 1970. The successful completion of this preferential issue and subsequent trading approval demonstrates the company's ability to access capital markets for its funding requirements.