Kiri Industries Limited — Updates, 29-03-2025: Incorporation

Kiri Industries has announced the incorporation of a wholly owned subsidiary, Equinaire Holdings Limited, in the Cayman Islands with an issued share capital of USD 50,000. This new entity, holding 100% ownership, will focus on wholesale trading of dyes, chemicals, and allied products, alongside investment activities. The establishment aims to explore future business opportunities in this sector. This move could foster growth and diversification for Kiri Industries, potentially enhancing investor sentiment by opening up new revenue streams while maintaining a positive outlook for strategic expansion.