Kothari Industrial Corporation
415.15
-21.80(-4.99%)
Market Cap₹4,670.60 Cr
PE Ratio-237.23
IndustryChemicals
Company Performance:
1D-4.99%
1M-22.96%
6M+72.44%
1Y+1,110.70%
5Y+21,865.61%
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More news about Kothari Industrial Corporation
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.
1 Year Returns:+1,110.70%