Kothari Industrial Corporation has informed that it enclosed ‘In-Principle’ approval received from BSE under Regulation 28(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the issue of 13637600 Equity shares of face value of Rs 5 each at a price of Rs 72.60 per equity share (inclusive of premium of Rs 67.60 per equity share) on a Preferential basis to Promoter and Non promoters.
The above information is a part of company’s filings submitted to BSE.