KOTIC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kothari Industrial Corporation Ltd's Board of Directors has approved diversification of the company's business activities into ferrous and non-ferrous metals business. The new vertical will include trading, manufacturing, processing, export, distribution and other allied activities. The decision was made at a board meeting held on 30.05.2026. Details regarding estimated investment and expected benefits will be decided based on business requirements. This marks a significant shift from the company's existing business focus.
This diversification into metals trading and manufacturing could open new revenue streams for the company, though it represents a move into a highly competitive sector. No financial details or investment amounts have been disclosed yet, making the impact uncertain for shareholders.