BSECompany Update2d ago · 12 Aug 2026, 01:42 pm
PROPOSED MOU
Kothari Industrial Corporation Ltd · 509732
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Kothari Industrial Corporation Ltd has announced a proposed Memorandum of Understanding (MoU) with the Government of Tamil Nadu for two projects: a Design Education and Upskilling Project and a Non-Leather Footwear Manufacturing Project. The projects aim to create employment opportunities and invest approximately ₹1,500 crore over seven years.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Kothari Industrial Corporation Ltd - 509732 - Prior Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Proposed Execution Of Memoranda Of Understanding
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Datez 12 August 2026
BSE Limited
Phiroze JeejeebhoY Towers,
Dalal Street, Mumbai - 400 001
Scrip Code: 509597
Subject: prior rntimation under Regulation 30 of SEBr (Listing obligations and Disclosure
Requirements)Regu|ations,2015_Propo.edExecutionofMemorandaofUnderstanding
Dear Sir/I4adam,
P weu r wsu isa hn tt oto iR nfe og rmul a thti eo n E3 x0 co haft nh ge es E thB atl( tL hi es t fi on lg loo wb il nig ga t"iMonemsaonradnDtlais c ol fo Usu ndre eR -rse taq nu dir ine gm (e..nMtso)URse,g') ualraet ipornosp,o2s0e1d5 t'o
be executed on 13 August ZOie wi*Guidance' Govemment of Tamil Nadu:
1. Proposed MoU - Design Education and Upskilling Project
T K Uh O ne ivTC eH ro sAm itR yp Ia f oIn N ry DDp er Uo siSp go nT s R Ee dIs A ut co I a e r tn iu ot A ns r D ain n t dDo UEan S pM sIG ko iN lU li nw P gi R t oh I fVG eAu xTi id sE ta in n L gc I e M T, eG I cT ho E nv iD ce ar ln iNm P eTe rE sn I oAt no Ii nOfT eN la ' tm iO ni l t HN h oEa s d E uu S r, 't To A an bI mb iSe ih lh M Na El N afo t d f uO ' f inA
collaboration with Accademia IUAD Institute of Universal Art and Design'
Theproposed gp ".r ,o "j re uc tit oe 'n v oi fs aa ig pe .osa *in min av te "ts yt m 15e 0n t do if ra ep cip aro nx di m 10a 0t e inly d{ ir5 e0 cc
r po ere rso ov ne
r ia np te hr eio Sd to atf efi voef yreaamrsila Nndadu'
employment
2. Proposed MoU - Non-Leather Footwear Manufacturing Project
P prh oo pe on si ex
K too t eh na teri
F ino to ot w ae na Mr oLi Um i wte i 1 .,, ca on i aas *s oo lc ,i a cte o uco "rm np -a "nny t oo ff rK ao mth ila Nri aI dn ud ,u fs ot rri a sl e tC tio nr gp o ur pa t aio nn o nL -i lm eait te hd e, r
footwear manufacturing factory in I 'amanathapuram District' Tamil Nadu'
TheproposedprojectenvisagesannvestmentofaPProximat.']:T:croreoverthenextsevenyearsand
employmentg",,",utionof-upp,o,,matelY10,000persons'comprising8,500directandl,500indirect
emploYment oPPortunities'
T suh be j ep cr to tp oo s ae pd p liM cao bU les laa wre s ,i n st te an tud te od ry to a pf pa rc oil vit aa lste at nh ae e i Um gp iUle im titye n ut na dti eo rn t ho ef pth ree v r ae is lip ne gc t Giv oe v ep rr no mje ec nts t pa on ld ic is eh sa 'll be
This is for your information and records'
Thanking You'
For and on behalf of Kothari Industrial Corporation Limited
Anil Kumar Padhiali
Company Secretary and Compliance officer
KOTHARI INDUSTRIAL CORPORATION LIMITED 8 @ l;l
CIN No. L8l 1 00TNl 970P1C005865 mlies@korhoris 1i13ii1z2!
Kothori Building - No. 'l l4ll 17, Mohofmo Gondhi Soloi
Nungombokkom, Chennoi - 600 034.