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 received warning letters from stock exchanges for delayed disclosure regarding an extension in its DyStar sale completion deadline, including an additional deposit. The company clarified its position and will comply, stating no financial or operational impact from the letters.
Kiri Industries allotted 51.45 lakh equity shares to promoters/promoter group by converting warrants at Rs. 369 each, raising Rs. 93.13 Cr. This boosted promoter holding from 36.72% to 41.71%, increasing paid-up capital to Rs. 65.17 Cr.
Kiri Industries' unlisted subsidiary, IACL, has appointed Mr. Nanubhai Kathiria as an Independent Director for 5 years. This move strengthens subsidiary governance and ensures compliance. He brings 38 years of extensive experience in corporate law to the board.
Kiri Industries Limited has informed the Exchange about Further Investment in its Wholly Owned Subsidiary Company.
Kiri Industries received US$689 million from its DyStar stake sale, concluding a decade-long legal battle. This payout significantly strengthens its balance sheet, cuts legal expenses, and refocuses management on core business and growth.