Kothari Industrial Corporation Ltd — Important, 16-09-2025: Company Update

Kothari Industrial Corporation Limited has received listing approval from BSE for 13,157,600 new equity shares. These shares, with a face value of Rs. 5 each, were issued at a premium of Rs. 67.60 per share, making the total issue price Rs. 72.60 per share. The preferential allotment, totaling approximately Rs. 95.59 Cr, was made to promoter and non-promoter entities. This approval means these newly issued shares can now be publicly traded, completing the fundraising process and adding to the company's market float.