Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, Kothari Industrial Corporation has informed that the Board of Directors of the Company, at its meeting held on 29.11.2025, has approved the further acquisition of 3,99,00,000 equity shares of Phoenix Kothari Footwear Limited at a price of Rs 10 per share, aggregating to Rs 39,90,00,000. Further disclosures as required under Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure A.
The above information is a part of company’s filings submitted to BSE.
