ALPHA TRIBE

Kiri Industries LimitedImportant, 14-08-2025: Updates

14-08-2025 | 06:42 pm

Kiri Industries has successfully completed the conversion of 4,393,592 warrants into equity shares, receiving Rs. 79.52 Cr as the final payment from allottees. This follows earlier conversions of 3,794,751 warrants that brought in Rs. 68.68 Cr. Initially, the company raised Rs. 250.68 Cr from the allotment of 13,333,789 warrants. An independent auditor has confirmed the receipt of these funds, ensuring compliance. This ongoing capital infusion strengthens the company's financial position and balance sheet.

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