Kiri Industries to acquire 81% stake in Indo Asia Copper

Kiri Industries Ltd. | Dyes & Pigments | Chemicals & Fertilizers | BSE: 532967 | NSE: KIRIINDUS

25 Jun 2022 Evaluate

Kiri Industries is acquiring 81% Equity stake of Indo Asia Copper. Accordingly, Indo Asia Copper will become a wholly owned subsidiary of the company. The objects of the acquisition is to attend and explore the future prospects and possibilities to venture into Copper & Fertilizers business subject to feasibility /viability of the future projects as well as prudent decisions of the board of the Company.

Kiri Industries (KIL) is one of the largest manufacturer and exporter of wide range of Dyes, Intermediates and Chemicals from India.

Peers

Company Name	CMP
Sudarshan Chemicals	1243.40
Bodal Chemicals	195.95
Bhageria Industries	357.75
Kiri Industries	569.30
Shree Pushkar Chem	485.90
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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