Kothari Industrial Corporation has informed that the Company would like to issue Business Update regarding the incorporation of Kothari Industrial IUAD Design for establishing a proposed international design institution in collaboration with IUAD, Italy. The enclosed Business Update provides details of the proposed initiative, its strategic vision, academic model, industry collaboration and the proposed establishment of the institution at Hosur, Tamil Nadu. A copy of the Business Update is enclosed. The same will also be made available on the Company's website.
The above information is a part of company’s filings submitted to BSE.
