Kothari Industrial Corporation Ltd — Important, 02-07-2026: Company Update

Kothari Industrial Corporation has re-submitted its revised standalone and consolidated financial results for the quarter and year ended March 31, 2026, confirming no changes to figures, only a correction in the signing date reflecting Board approval on June 3, 2026. The company reported a consolidated net loss of ₹72.19 Cr for the year. Key updates include securing ₹34 Cr and ₹2 Cr unsecured loans for operations and working capital, and shareholder approval for a 46.86 lakh ESOP scheme. The company is voluntarily delisting from the Calcutta Stock Exchange to streamline operations. Auditors noted concerns regarding unconfirmed balances, GST reconciliation, and inventory valuation.