Search
ieeditor
ieeditor

KICL board clears preferential issue

The board of Kothari Industrial Corporation Ltd. at its meeting in Chennai a few days ago (KICL) approved the issue of 17,11,068 equity shares of face value of Rs. 5 each at a price of Rs. 207 per equity share to non-promoters.

Corporate
Listen to this article

The board also re-appointed Rafiq Ahmed as the Executive Chairman and Managing Director of the company for a further period of three years with effect from 28th September 2025.  The reappointment of Rafiq Ahmed is subject to the approval of the shareholders at the ensuing annual general meeting.

Shares of KICL closed Thursday at 535.75 on BSE.

Latest

Construction

Kobelco launches three new excavators

0
The company unveiled the SK210, SK215LC and SK230XDLC at...
Trade

India, Poland eye doubling bilateral trade

0
Both leaders set the target of doubling bilateral trade...
Opinion

Shift Towards Engineering Ownership

0
The recent U.S. suspension of several major Indian technology...
Renewables

Navitas Secures Up to USD 20 Mln Growth Capital

0
The investment is a part of responsAbility’s Asia Climate...

Newsletter

Don't miss

Construction

Kobelco launches three new excavators

0
The company unveiled the SK210, SK215LC and SK230XDLC at...
Trade

India, Poland eye doubling bilateral trade

0
Both leaders set the target of doubling bilateral trade...
Opinion

Shift Towards Engineering Ownership

0
The recent U.S. suspension of several major Indian technology...
Renewables

Navitas Secures Up to USD 20 Mln Growth Capital

0
The investment is a part of responsAbility’s Asia Climate...
Automobile

Balkrishna Industries, Pirelli in pact for tyre production

0
India is today one of the most attractive automotive...
ieeditor
ieeditor

Kobelco launches three new excavators

Mohamed Ameen -
The company unveiled the SK210, SK215LC and SK230XDLC at its Sri City manufacturing facility. The new models combine Japanese technology with locally sourced components,...
Read more

India, Poland eye doubling bilateral trade

ieeditor -
Both leaders set the target of doubling bilateral trade by 2030. Modi invited Polish companies to expand their investments and operations in India and to...
Read more

Shift Towards Engineering Ownership

Prashanth Tondapu -
The recent U.S. suspension of several major Indian technology companies, including TCS, Infosys, Wipro and HCLTech, from the Permanent Labor Certification process has renewed...
Read more

About us

Most recent

Most popular

Hot On Web

Kothari Industrial Corporation Limited - All rights reserved.