Latest news about Kothari Industrial Corporation
Kothari Industrial Corporation
153.11
-0.91(-0.59%)
Company Performance:
View Company Insights1D-0.59%
1M-17.01%
6M-12.41%
1Y-12.41%
5Y-12.41%
More news about Kothari Industrial Corporation
23May 26
Kothari Industrial board meets on May 30 for FY26 results
Kothari Industrial Corporation Limited's board will meet on May 30, 2026, to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window is closed from April 1, 2026, until 48 hours after the announcement.
22May 26
Kothari Industrial signs MoU with SABRN Tech for infrastructure
Kothari Industrial Corporation Limited signed a non-binding MoU with SABRN Tech Pty Ltd, Australia, on May 22, 2026, to collaborate on adaptive infrastructure systems, resilient infrastructure, modular construction systems, and advanced construction technologies including 3D printed construction. The agreement aims to establish a framework for strategic deployment and pilot opportunities, with further disclosures to follow upon execution of definitive agreements.
09May 26
Kothari Industrial Corporation's Equity Shares to Be Available Under 'Permitted to Trade' Category on Metropolitan Stock Exchange
Kothari Industrial Corporation Limited has notified BSE Limited that its equity shares will be available for trading on the Metropolitan Stock Exchange of India Limited (MSE) under the 'Permitted to Trade' category. MSE has clarified that the company has not entered into a Listing Agreement with MSE and will therefore not be treated as a listed entity on the exchange. As a result, no separate listing compliances or fees will be applicable with respect to MSE. The intimation was filed by Company Secretary and Compliance Officer Anil Kumar Padhiali on 08.05.2026.
30Apr 26
Kothari Industrial Corporation Launches New FMCG Division with Four Consumer Brands
Kothari Industrial Corporation has launched a new FMCG and vending division featuring four consumer brands: Vendiko, Chusip, Nabako, and The Crafted Circle. This strategic expansion focuses on innovation and consumer convenience in the local market, representing the company's diversification beyond traditional industrial operations into the consumer goods sector.
25Apr 26
Kothari Industrial Corporation Limited Completes Promoter Reclassification Process
Kothari Industrial Corporation Limited successfully concluded its postal ballot process with overwhelming shareholder approval for all three resolutions, including appointment of women independent director Mrs. Priya Rao and non-executive director Ms. Rafiq Ahmed Sulaiha Banu. The company has officially completed the reclassification of shareholding from promoter/promoter group to public category, affecting ASHA THAYER (1,03,890 shares) and GOVINDDAS MOHAN DAS (450 shares), and filed the necessary regulatory documentation with BSE Limited under SEBI regulations.
24Apr 26
Kothari Industrial Corporation Partners with Tvasta Manufacturing for 3D Construction Printing Ventures
Kothari Industrial Corporation has signed a memorandum of understanding with Tvasta Manufacturing Solutions to explore opportunities in 3D construction printing projects. This strategic partnership aims to leverage both companies' expertise to develop innovative construction printing solutions and capitalize on the growing demand for advanced construction technologies in the market.
16Apr 26
Kothari Industrial Corporation Acquires 30% Stake in Phoenix Kothari Footwear for ₹27 Crore
Kothari Industrial Corporation Limited has acquired a 30% stake in Phoenix Kothari Footwear Private Limited for ₹27 crore through the allotment of 2.70 crore equity shares at ₹10 per share. The investment, completed on April 15, 2026, strengthens the company's presence in the footwear manufacturing segment and aligns with its long-term growth strategy. The transaction qualifies as a related party transaction due to promoter involvement but was conducted at arm's length pricing.
15Apr 26
Kothari Industrial Corporation Submits SEBI Compliance Certificate for Q4 FY26
Kothari Industrial Corporation Limited submitted its Q4 FY26 compliance certificate to BSE on April 15, 2026, pursuant to SEBI Regulation 74(5). The certificate, issued by registrar Integrated Registry Management Services Private Limited, confirms proper handling of dematerialisation processes and adherence to depositories regulations for the quarter ended March 31, 2026.
02Apr 26
Kothari Industrial Corporation Receives ₹6.33 Crore Contract Amendment from ICF Chennai
Kothari Industrial Corporation Limited received a contract amendment from Integral Coach Factory (ICF), Chennai, increasing the existing service contract quantity by 25% from 100% to 125%. The revised contract, valued at ₹6.33 crores inclusive of GST, covers hiring of forklift trucks with drivers, fuel, and associated staff. The contract period has been extended up to July 24, 2026, with the enhancement portion worth ₹1.27 crores added to the original ₹5.06 crores contract value.
26Mar 26
Kothari Industrial Corporation Limited Publishes Postal Ballot Notice in Compliance with SEBI Regulations
Kothari Industrial Corporation Limited has published newspaper advertisements confirming the dispatch of postal ballot notice in Financial Express and Makkal Kural on March 26, 2026. The publication complies with SEBI LODR Regulation 47, with the formal communication signed by Company Secretary Anil Kumar Padhiali and submitted to BSE Limited for record-keeping purposes.
25Mar 26
Kothari Industrial Corporation Issues Postal Ballot Notice for Director Appointments
Kothari Industrial Corporation Limited has issued a postal ballot notice seeking shareholder approval for appointing Mrs. Priya Rao as Women Independent Director and Ms. Rafiq Ahmed Sulaiha Banu as Non-Executive Director, along with promoter reclassification. The e-voting period runs from March 26 to April 24, 2026, with March 20, 2026 as the cut-off date for voting rights.
13Mar 26
Kothari Industrial Corporation Opens New Kickers Brand Outlet at DLF Midtown Plaza, Delhi
Kothari Industrial Corporation Limited has opened a new Kickers brand outlet at DLF Midtown Plaza, Moti Nagar, Delhi as part of its retail expansion strategy. The company announced this development to BSE Limited on March 13, 2026, in compliance with SEBI LODR Regulations 2015. This store opening represents the company's ongoing efforts to strengthen the Kickers brand presence across key Indian markets through strategic retail expansion.
04Mar 26
Kothari Industrial Corporation Receives BSE Approval for Promoter Reclassification Under SEBI Regulations
Kothari Industrial Corporation Limited received BSE approval on March 04, 2026, for reclassifying Ms. Asha Thayer and Mr. G Mohan Das from promoter to public category under SEBI Regulation 31A. The company originally applied for this reclassification on December 03, 2025. The company must now obtain shareholder approval within sixty days to complete the reclassification process and ensure compliance with ongoing disclosure requirements.
25Feb 26
Kothari Industrial Corporation Partners with ITECH Lyon for Leather Technology Academic Collaboration
Kothari Industrial Corporation Limited has signed a Memorandum of Understanding with ITECH Lyon, France on February 25, 2026, for academic collaboration in leather technology. The partnership will establish a One-Year Diploma/Certificate program focusing on latest innovations in tanning and finishing, with ITECH Lyon providing academic services and Kothari Industrial offering infrastructure support. This collaboration is expected to enhance technical capabilities and skill development in leather and polymer related areas.
23Feb 26
Kothari Industrial Corporation Resubmits Corrected Limited Review Report for Q3 FY26
Kothari Industrial Corporation Limited resubmitted a corrected limited review report for Q3 FY26 after acknowledging a typographical error in the original submission to BSE. The auditors highlighted concerns including revenue recognition of ₹118.66 lakhs without sufficient evidence and the group's share of associate company losses totaling ₹2,257.01 lakhs for the quarter. Multiple compliance and verification issues remain outstanding, affecting the auditor's ability to provide a clean review opinion.
16Feb 26
Kothari Industrial Corporation Limited Constitutes Risk Management Committee in Compliance with SEBI Regulations
Kothari Industrial Corporation Limited has constituted a Risk Management Committee following Board approval on 14th February 2026, comprising Managing Director Mr. Rafiq Ahmed as Chairperson and three other members. The committee formation complies with SEBI Listing Regulations and will operate under the company's Risk Management Policy framework.
16Feb 26
Kothari Industrial Corporation Appoints Ms. Priya Rao as Additional Non-Executive Women Independent Director
Kothari Industrial Corporation Limited appointed Ms. Priya Rao (DIN 00717336) as Additional Non-Executive Women Independent Director effective February 16, 2026, for a five-year term subject to shareholder approval. The board meeting on February 14, 2026, approved the appointment based on the Nomination and Remuneration Committee's recommendation. Ms. Rao brings over 21 years of experience in process governance, property management, and clinical management across manufacturing, real estate, education, and healthcare sectors, currently serving as Vice President of Portfolio Operations at NSEW Properties.
14Feb 26
Kothari Industrial Corporation's Q3FY26 Review Report Flags Revenue Recognition and Compliance Concerns
Kothari Industrial Corporation's Q3FY26 auditor review report reveals multiple concerns including unverified revenue of Rs 118.66 lakhs, pending land sale assessment worth Rs 4,895 lakhs to Coromandel International, TDS defaults of Rs 0.77 lakhs, and ongoing legal proceedings. The consolidated results show associate company losses of Rs 2257.01 lakhs for the quarter, while new Labour code impacts remain under evaluation.
06Feb 26
Kothari Industrial Corporation Limited Schedules Board Meeting on February 14, 2026 for CSE Delisting Consideration
Kothari Industrial Corporation Limited has scheduled a board meeting for February 14, 2026, to consider delisting its equity shares from the Calcutta Stock Exchange. The meeting will be held at the company's Chennai registered office, with the formal intimation made to BSE Limited on February 6, 2026, in compliance with SEBI Regulation 29 requirements.
04Feb 26
Kothari Industrial Corporation Partners With Accademia IUAD To Establish Design University
Kothari Industrial Corporation Limited has executed a Joint Venture Agreement with Accademia IUAD, Italy to establish a design university in India. The partnership focuses on developing design talent that meets global market demands, representing the company's strategic expansion into education sector through international collaboration.
31Jan 26
Kothari Industrial Corporation Signs MoU for Footwear Development Training Programs
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.
30Jan 26
Kothari Industrial Corporation Clarifies Kickers Brand Acquisition Reports Under Regulatory Compliance
Kothari Industrial Corporation Limited clarified to BSE that any decision on acquiring French footwear brand Kickers requires board approval and due diligence completion. The clarification, issued on 30 January 2026, responded to media reports in The Hindu about ongoing acquisition talks. The company confirmed no regulatory proceedings are pending and committed to making appropriate disclosures upon finalization of binding agreements.
27Jan 26
Kothari Industrial Corporation Conducts EGM on January 27, 2026 for Director Appointment and ESOP Approval
Kothari Industrial Corporation Limited held its EGM on January 27, 2026, via video conferencing to address two key items: appointment of Mr. Ravikumar Perumal as Independent Director and approval of KICL ESOP 2025 for subsidiary company employees. The meeting provided comprehensive e-voting facilities from January 24-26, 2026, with results to be announced within 2 working days.
22Jan 26
Kothari Industrial Corporation Receives BSE Trading Approval for ₹234.47 Crore Preferential Issue
Kothari Industrial Corporation Limited received BSE trading approval for 11,31,068 preferential equity shares worth ₹234.47 crores, priced at ₹207.00 per share. The shares were issued to non-promoters and commenced trading on January 22, 2026, following BSE's approval granted on January 21, 2026. The company complied with SEBI regulations by filing the necessary intimation under Regulation 30.
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 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.
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.
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.
Industry Peers
Fertilisers & Chemical Travancore
Coromandel International
Chambal Fertilisers & Chemicals
Paradeep Phosphates
EID Parry
Rashtriya Chemicals & Fertilizers
Gujarat State Fertilizers & Chemicals
Madhya Bharat Agro
Krishana Phoschem
National Fertilizers
866.85
(+0.16%)
1,796.80
(+1.92%)
467.70
(+1.08%)
127.58
(+1.22%)
735.20
(-2.14%)
126.32
(+0.10%)
162.54
(+1.04%)
546.80
(-1.59%)
666.70
(-2.61%)
73.84
(-0.89%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
