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Incorporated in 1983, Kothari Products Ltd is in the business of Real Estate and International Trade
Kothari Products has issued a notice to shareholders regarding a special window for the transfer and dematerialization of physical shares. This aims to streamline the process for investors to convert physical holdings into electronic format.
Kothari Products confirms it does not qualify as a "Large Entity" at its financial year-end. This exempts the company from certain enhanced compliance requirements related to debt issuance, simplifying operations for investors.
Kothari Products reveals 11,652 non-promoter retail investors collectively hold 4,135,166 shares. This data highlights significant participation from smaller investors, specifically those with individual holdings up to Rs. 2 lakh.
Kothari Products confirmed processing of physical shares for dematerialization. Submitted shares were verified, cancelled, and converted to electronic form, ensuring accurate investor records and smooth transfers.
Promoter Mitesh Kothari acquired 8 lakh equity shares from fellow promoters Deepak Kothari and Arti Kothari via an inter-se transfer. This boosts Mitesh Kothari's stake by 1.35% at Rs. 64.17 per share, valued at 5.13 Cr.