Kewal Kiran Clothing Limited — Updates, 10-02-2025: Press Release

Emco Limited is currently facing an investigation concerning its title to a property located in Jalgaon, Maharashtra. All individuals or entities with claims or interests related to this property are required to submit their claims in writing to Khaitan & Co within ten days of the public notice. The property in question encompasses approximately 29,920 square yards, which includes various industrial structures. Failure to submit claims within the stipulated timeframe will result in these claims being deemed waived or abandoned, thereby having no binding effect on Emco Limited. Stakeholders should closely monitor developments regarding this investigation as it could impact the company's operational standing and reputation.

In a separate note, a major fire incident occurred at Rajendra Gandhi's shop in Dahiwadi, resulting in significant financial losses estimated at over ₹2 crore. The incident has raised concerns about fire safety regulations in the area, particularly given the fire's rapid escalation and its impact on neighboring businesses. Local authorities are currently conducting an assessment to determine the incident's exact cause and total damages. Investors may want to watch closely as such operational disruptions could affect regional business stability and investor sentiment.