Key Decision
The Board of Directors of Kothari Industrial Corporation Limited, at its meeting held on 30.05.2026, approved the diversification/expansion of the company's business activities into ferrous and non-ferrous metals business.
Business Scope
The new business line includes:
- Trading of ferrous and non-ferrous metals
- Manufacturing activities
- Processing operations
- Import and export activities
- Distribution services
- Other allied activities related to metals business
Expected Benefits
As per Annexure A, the expected benefits include:
- Business expansion
- Diversification of operations
- Revenue growth
Investment Details
The estimated amount to be invested is "To be decided based on business requirements" as specified in Annexure A.
Additional Information
The disclosure will be available on the company's website at www.kotharis.in.