Kiri Industries Limited
Kiri Industries Limited (KIL) is engaged in the business of manufacturing and exporting a wide range of Dyes, Dye Intermediates, and Basic Chemicals from India.
What Kiri files
- Others47
- Investor Meet25
- Important17
- Updates11
- Board Meeting10
- PPTs8
Kiri Industries submitted its FY25-26 Business Responsibility and Sustainability Report, affirming its commitment to ESG. Highlights include implementing Zero Liquid Discharge, reducing water consumption and GHG emissions, and improving waste management, demonstrating strides in sustainable operations.
Kiri Industries incorporated Kiri Capital (IFSC) Private Limited, a new wholly-owned subsidiary. With INR 2 Cr initial capital, this entity will manage group treasury functions and serve as a holding company for overseas subsidiaries, streamlining global operations.
Kiri's subsidiary Equinaire acquired a USD 9.76 million loan from Maharlika Investment Corp to Makilala Mining (MMCI). This secures preferential copper supply for Kiri's new facility, bolstering raw material access and ensuring long-term stability for its copper business. Upfront deposit: USD 5 million.
Kiri Industries issued 5,145,446 new equity shares following warrant conversions via a preferential allotment. The company's statutory auditors confirmed all necessary procedures were followed. This expands the total share capital.
Kiri Industries settled the DyStar dispute, realizing ~INR 6,200 Cr. This capital drives strategic diversification into integrated copper smelting and fertilizer manufacturing, while bolstering specialty chemicals. New projects are estimated at ~INR 13,300 Cr, targeting a ~25% IRR.