Kiri Industries
565.60
-10.10(-1.75%)
Market Cap₹3,146.40 Cr
PE Ratio18.58
IndustryChemicals
Company Performance:
1D-1.75%
1M+5.94%
6M-10.12%
1Y+65.38%
5Y+9.50%
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More news about Kiri Industries
06Jun 25
Kiri Industries Secures $676.3 Million Deal, Sells DyStar Stake to Longsheng
Kiri Industries Ltd has agreed to sell its 37.57% stake in DyStar to Longsheng for $676.30 million. The deal includes a potential additional payment of $20.30 million, subject to certain conditions. This transaction resolves a long-standing issue for Kiri Industries and could significantly impact its financial position and future strategic direction.
30May 25
Kiri Industries: Q4 Loss Widens to ₹84.6 Crore, Sells DyStar Stake for $676 Million
Kiri Industries' Q4 results show a 6.5% revenue decline to ₹205.00 crore and a significantly widened net loss of ₹84.60 crore. The company has agreed to sell its 37.57% stake in DyStar to Zhejiang Longsheng Group for $676.26 million, with a potential additional payment of $20.29 million.
30May 25
Kiri Industries Inks $676 Million Deal to Divest 37.57% Stake in DyStar
Kiri Industries Ltd has entered into a share purchase agreement to sell its 37.57% stake in DyStar Global to Zhejiang Longsheng Group Co., Ltd for $676.26 million. The deal includes a potential additional consideration of $20.29 million, subject to certain conditions. This transaction represents a significant monetization of Kiri's investment in DyStar, a global supplier of dyes and chemicals to the textile industry. The deal value exceeds Kiri's current market capitalization of ₹3,800 crore, highlighting its substantial impact on the company's financial position.
Kiri Industries
565.60
-10.10
(-1.75%)
1 Year Returns:+65.38%
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