Kiri Industries Limited — Important, 11-08-2025: Updates

Kiri Industries has successfully completed the conversion of warrants into 4,393,592 equity shares for its promoters and promoter group. Issued at Rs. 369 per share, this transaction brought in Rs. 79.52 Cr as balance consideration. Consequently, the company's paid-up equity capital has increased to Rs. 60.02 Cr. This strategic move also significantly boosts the promoter and promoter group's stake from 31.72% to 36.72%, signaling strong confidence and injecting fresh capital.