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 1711068 Equity shares of face value of Rs 5 each at a price of Rs 207 per equity share (inclusive of premium of Rs 202 per equity share) on a Preferential basis to Non promoters.
The above information is a part of company’s filings submitted to BSE.