Kothari Industrial Corporation
360.80
-18.95(-4.99%)
Market Cap₹4,705.90 Cr
PE Ratio-190.58
IndustryChemicals
Company Performance:
1D-4.99%
1M-26.49%
6M-10.53%
1Y+483.06%
5Y+18,989.95%
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More news about Kothari Industrial Corporation
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.
1 Year Returns:+483.06%