Kothari Industrial Corporation Ltd — Updates, 04-06-2025: Company Update

Kothari Industrial Corporation has updated its preferential issue allottee. Mr. S Ramanathan, initially proposed, was found ineligible and replaced by Ms. Ramanathan Kalyani, who currently holds 54,851 shares. The allotment involves 22,000 equity shares, increasing Ms. Kalyani’s holding to 76,851 shares (0.07%), with the issue size unchanged. Ms. Kalyani will be classified as a non-promoter. This adjustment affects the subscriber list but does not alter the capital raise plan, maintaining consistency in the company’s equity structure.