Kothari Industrial Corporation Ltd — Important, 04-03-2026: Company Update

Kothari Industrial Corporation Limited (KICL) has received a key approval from BSE for a significant change in its shareholding structure. Ms. Asha Thayer and Mr. G Mohan Das will be re-classified from the 'Promoter and Promoter Group' to the 'Public Category'. This approval marks a formal adjustment, effectively increasing the public float of the company's shares. KICL's next step involves obtaining shareholder approval for this re-classification in a general meeting within the next sixty days. This update provides clarity on the ongoing evolution of the company's shareholder base.