Event Details
The AGM is scheduled to be held on Tuesday, September 29, 2026 at 11:00 AM (IST) through Video Conference. The original AGM notice was dated August 31, 2026 and dispatched to shareholders on September 03, 2026.
Reason for Corrigendum
The Stock Exchanges (BSE and NSE) directed the Company to provide a valuation report for the proposed preferential issue of warrants convertible into equity shares, as set out in Item No. 4 of the AGM Notice. Specifically:
- NSE directed via letters dated September 07, 2026 and September 15, 2026
- BSE directed via requirement dated September 17, 2026
- Requirement is to comply with Regulation 166A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
Specific Changes to Explanatory Statement
Modification A:
The paragraph after Point no 4(c) has been replaced with new text stating:
- The preferential issue exceeds 5% of post-issue fully diluted share capital
- Company obtained valuation report from an independent registered valuer to determine issue price
- Valuation report dated September 22, 2026 issued by CS Abhishek Chhajed, IBBI Registered Valuer (Reg. no. IBBI/RV/03/2020/13674)
- Price determined: INR 422.93 per warrant
- Report available on company website: https://kiriindustries.com/wpcontent/uploads/2026/09/Valuation-report-Kiri-Industries-Limited-.pdf
Modification B:
At Point no 17(e), the words "equity shares" are replaced with "convertible warrants" wherever applicable.
Dissemination Details
The corrigendum is being sent to all eligible shareholders through electronic mode and uploaded on the company website at www.kiriindustries.com. It is also available on BSE website (www.bseindia.com), NSE website (www.nseindia.com), and CDSL website (www.evotingindia.com).
Effective Status
This corrigendum forms an integral part of the original AGM Notice dated August 31, 2026. All other terms and contents of the original AGM Notice and Explanatory Statement remain unchanged except for the specified modifications.