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Kothari Industrial Corporation Limited (KICL) has received listing approval from BSE for 1,131,068 new equity shares. These shares, with a face value of Rs. 5 each, were issued at a premium of Rs. 202 per share to non-promoters on a preferential basis. This approval allows the newly issued shares to be traded on the exchange, completing the fundraising process. The preferential issue brought in approximately Rs. 23.41 crore, strengthening the company's financial position and potentially funding future growth initiatives. This expansion of the share capital allows new investors to participate.