Kothari Industrial Corporation Ltd — Important, 29-11-2025: Company Update

Kothari Industrial Corporation's Board has approved the reclassification of M/s. Saloman Investment Limited, Ms. Asha Thayer, and Mr. Mohan Das from the 'Promoter and Promoter Group' to the 'Public' category. This reclassification is contingent on approval from the Stock Exchange. The individuals and the entity seeking this change collectively hold less than one percent of total voting rights and do not control the company's operations. Shareholder approval is not required for this update. The company will proceed with an application to BSE Limited for final clearance, which will subsequently update the official shareholding pattern.