Kiri Industries received the full consideration of US$689.03 million following the en bloc sale of its entire 37.57% stake in DyStar Global Holdings (Singapore), marking the successful conclusion of a long-running legal dispute before the Singapore Courts.The amount received includes purchase consideration, share buyback proceeds, interest, and costs awarded by the Singapore International Commercial Court. Upon receipt of the funds, DyStar has ceased to be an associate company of Kiri Industries. The DyStar proceedings were initiated by the Company in 2015 to protect its rights as a minority shareholder. Over nearly a decade, the matter progressed through multiple stages of litigations and appeals, ultimately confirming minority oppression to Kiri on multiple counts, resulting in court-directed valuation, award of interest, recovery of costs, and an order for the en bloc sale of DyStar.During this period, the Company incurred significant legal expenses, reflecting the complexity and multi-jurisdictional nature of the proceedings. A portion of these costs has been awarded for recovery as part of the final court outcome.Powered by Capital Market - Live News

Net profit of Kiri Industries declined 75.53% to Rs 19.65 crore in the quarter ended September 2025 as against Rs 80.30 crore during the previous quarter ended September 2024. Sales rose 23.38% to Rs 213.44 crore in the quarter ended September 2025 as against Rs 173.00 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales213.44173.00 23 OPM %-6.41-2.66 - PBDT-73.57-19.78 -272 PBT-85.22-30.86 -176 NP19.6580.30 -76 Powered by Capital Market - Live News

Kiri Industries will hold a meeting of the Board of Directors of the Company on 7 November 2025.Powered by Capital Market - Live News

Kiri Industries announced that the Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live News

Kiri Industries has allotted 43,93,592 equity shares pursuant to conversion of 4393592 warrants (out of outstanding 9539038 Warrants) at an issue price of Rs. 369/- per share (including a premium of Rs. 359/-) (warrant issue price), to the promoters and members of the Promoter group, on a preferential basis. The Company has received balance consideration of Rs. 181/- per warrant i.e. 49.0515% of the warrants issue price, aggregating to Rs. 79,52,40,152/-.Pursuant to the aforesaid conversion, the paid-up equity share capital of the Company stands increased to Rs. 60,02,25,540/- divided into 60022554 fully paid-up Equity Shares of Rs.10/- each. The new equity shares so allotted shall rank pari-passu with the existing equity shares of the Company.Powered by Capital Market - Live News