Kothari Industrial Corporation Share News - Latest Updates, Live News & More

Latest news about Kothari Industrial Corporation

Kothari Industrial Corporation Signs MoU for Footwear Development Training Programs 3 days ago

Kothari Industrial Corporation Limited has signed a strategic MoU on 31 January 2026 with RED21 S.L. and CMI to develop footwear training programs using Icad technology. The partnership features a 60-40 revenue sharing arrangement favoring Kothari Industrial, with the company providing infrastructure while partners supply technology and curriculum support. The non-binding agreement remains valid for three months pending execution of a definitive contract.

Kothari Industrial Corporation Partners With Accademia IUAD To Establish Design University 4 days ago

Kothari Industrial Corporation Clarifies Kickers Brand Acquisition Reports Under Regulatory Compliance 5 days ago

Kothari Industrial Corporation Conducts EGM on January 27, 2026 for Director Appointment and ESOP Approval 7 days ago

Kothari Industrial Corporation Receives BSE Trading Approval for ₹234.47 Crore Preferential Issue Jan 22, 2026

More news about Kothari Industrial Corporation

10Jan 26

Kothari Industrial Corporation Receives BSE Listing Approval for 11.31 Lakh Preferential Shares

Kothari Industrial Corporation Limited received BSE listing approval on January 09, 2026, for 11,31,068 equity shares issued at ₹207 per share (₹5 face value plus ₹202 premium) to non-promoters on preferential basis. The ₹234.33 crore issue requires additional compliance steps including trading approval within seven working days and submission of confirmation letters from depositories before trading can commence.

03Dec 25

Kothari Industrial Corporation Amends Board Meeting Outcome on Promoter Reclassification

Kothari Industrial Corporation Limited has corrected its board meeting outcome from November 29, 2025. The company now states that shareholder approval is necessary for reclassifying certain individuals from Promoter to Public category. This requirement is due to Ms. Asha Thayer's relation to existing promoter Mr. Pradip D. Kothari, and their combined 41.00% shareholding. The reclassification is subject to shareholders' approval, stock exchange approval, and other necessary approvals, in compliance with SEBI (LODR) Regulations, 2015.

29Nov 25

Kothari Industrial Corporation Limited Incorporates Joint Venture and Subsidiary

Kothari Industrial Corporation Limited has incorporated a joint venture and a new subsidiary, signaling significant expansion of its business operations. These corporate actions suggest the company is pursuing new business opportunities, potentially diversifying its structure, and possibly entering new markets or product lines. The moves could have substantial implications for the company's future growth and profitability.

29Nov 25

Kothari Industrial Corporation Resumes Trading on CSE, Completes Preferential Share Allotment

Kothari Industrial Corporation Limited (KICL) has achieved two significant milestones. The Calcutta Stock Exchange (CSE) lifted the trading suspension on KICL's securities, effective December 5, 2025. Additionally, KICL completed a preferential allotment of 1,131,068 equity shares at Rs. 207.00 per share to non-promoter entities, raising Rs. 23.41 crores. This capital infusion has significantly improved the company's financial position, with total assets increasing to Rs. 200.00 crores and shareholders' capital rising to Rs. 180.50 crores as of March 2025.

28Nov 25

Kothari Industrial Corporation Applies for Reclassification of Three Entities from Promoter to Public Category

Kothari Industrial Corporation Limited has applied to BSE Limited for reclassification of certain promoter entities to the public category. The request includes Saloman Investment Limited, Asha Thayer, and Mohan Das. The application, submitted on December 3, 2025, follows SEBI regulations and awaits BSE review. If approved, this could impact the company's shareholding structure and public float.

15Nov 25

Kothari Industrial Corporation Secures BSE Approval for Rs. 354 Crore Preferential Share Issue

Kothari Industrial Corporation Limited (KICL) has received in-principle approval from the Bombay Stock Exchange for a preferential issue of 17,11,068 equity shares at Rs. 207 per share to non-promoters, aiming to raise approximately Rs. 354 crore. The company must apply for listing of new shares within 20 days of allotment. KICL recently acquired a 30% stake in Phoenix Kothari Footwear Limited. However, the company faces challenges including pending legal matters, TDS defaults, and verification issues noted in the latest auditor's review.

25Sept 25

Kothari Industrial Corporation Inks MoU with Italian Design University for Joint Venture Training Center

Kothari Industrial Corporation Limited (KICL) signed an MoU with Accademia IUAD, an Italian design university, to establish a joint venture for an international standard training center in Tamil Nadu. The center will initially focus on footwear and fashion accessories sectors, with potential future expansion. This collaboration aims to promote skill development in the fashion and design industry in India, combining IUAD's academic expertise with Kothari's business acumen. The company has informed BSE Limited about this development, with further disclosures to be made upon execution of the definitive Joint Venture Agreement.

16Sept 25

Kothari Industrial Corporation Secures BSE Approval for Listing 13.16 Million Preferential Shares

Kothari Industrial Corporation Ltd (KICL) received approval from BSE Limited to list 13,157,600 equity shares issued on a preferential basis to promoters and non-promoters. The shares, with a face value of Rs. 5.00, were issued at a premium of Rs. 67.60, totaling Rs. 72.60 per share. The approval was granted on September 16, 2025. This move aims to strengthen KICL's capital base and may provide financial flexibility for future growth opportunities.

26Aug 25

Kothari Industrial Corporation Approves ₹35.4 Crore Preferential Share Issue to Non-Promoters

Kothari Industrial Corporation Limited (KICL) has approved a preferential issue of 17,11,068 equity shares to non-promoters at ₹207 per share, aiming to raise ₹35.4 crore. The issue will be distributed among 24 non-promoter investors. Additionally, the company has re-appointed Mr. Rafiq Ahmed as Executive Chairman and Managing Director for three years, subject to shareholder approval.

20Aug 25

Kothari Industrial to Consider Equity Fundraising in Upcoming Board Meeting

Kothari Industrial Corporation Limited has scheduled a board meeting for August 26, 2025, to discuss equity fundraising options. The meeting will consider a preferential issue of equity shares, arrange the Annual General Meeting, and address other business matters. The company has also announced a trading window closure for insiders from August 20, 2025, until 48 hours after the board meeting concludes.

16Aug 25

Kothari Industrial Corporation CFO Hari Kishore Resigns, Citing Personal Emergency

Kothari Industrial Corporation Limited (BSE: 509732) announced the resignation of its Chief Financial Officer, Hari Kishore, effective August 16, 2025. Mr. Kishore cited an unforeseen personal emergency as the reason for his departure. The company has accepted the resignation and acknowledged his contributions. Mr. Kishore has committed to ensuring a smooth transition. KICL made this announcement in compliance with SEBI regulations. No immediate information regarding a successor or interim CFO has been provided.

04Aug 25

Kothari Industrial Corporation Inks Strategic Deals to Boost Footwear Business and Skill Development

Kothari Industrial Corporation Limited (KICL) has made strategic moves to expand its footwear business and contribute to skill development in Tamil Nadu. The company acquired trademarks from three entities for Rs 11.00 lakh and purchased assets from Zaimus Trends Private Limited for Rs 70.00 lakh. KICL also signed a five-year business agreement with Zaimus Trends for Rs 1.39 crore for footwear sourcing and manufacturing. Additionally, KICL entered into an MoU with the Tamil Nadu government to establish a skilling school project in Perambalur, aiming to train 100,000 individuals in industry-relevant skills.

02Aug 25

Kothari Industrial Corporation Expands Footwear Division with Strategic Acquisitions

Kothari Industrial Corporation Limited (KICL) is expanding its footwear division through key acquisitions and agreements. The company will acquire trademarks 'Jeetlo' and 'Zodiz' from Zyf Tex Private Limited and Zaimus entities. KICL will enter a business agreement with Zaimus Trends Private Limited for footwear operations and acquire tangible assets from the same company. Additionally, KICL is opening a new restaurant 'Una Villa' in Tamil Nadu and has allotted 1,31,57,600 equity shares.

23Jul 25

Kothari Industrial Board Approves Equity Share Issuance Worth ₹92.28 Crore

Kothari Industrial Corporation Limited has approved the allotment of 1.27 crore new equity shares, raising ₹92.28 crore. The shares, with a face value of ₹5.00, were issued at ₹72.60 per share including a premium of ₹67.60. The allotment, made on a preferential basis to both promoter and non-promoter entities, follows in-principle approval from BSE Limited. Notable allottees include Kurios Finvest LLP, Balaji Goverthanan, and Ashwin Prakash Ahuja.