Kothari Industrial Corporation Ltd Share Price

Kothari Industrial Corporation Limited (KICL) was erstwhile incorporated in 1970 as a Public Limited Company under the name of 'Kothari (Madras) Limited'. Later, five companies, Kothari Textiles Ltd, Adoni Spinning and Weaving Mills Ltd, Balamadies Plantations Ltd, Waterfall Estates Ltd, and Blue Mountains Estates and Industries Ltd were amalgamated with Company and finally, in 1984, the name of the Company got changed to Kothari Industrial Corporation Limited. Presently, the Company is engaged in manufacturing and mixing of fertilisers, providing drone services, engaged in hotel activities, engaged in footwear and leather activities and has a network of distributors in the southern states and has developed a brand value recognized in the market place. The company has planned to develop a Container Terminal at Ennore. KICL is a well-diversified company with four divisions, Textiles, Plantations, Granite and Fertilisers. In Nov.'92, the Company came out with a Rights Issue of 4.5 lac 16% PCDs of Rs 400 each, amounting to Rs 18 Cr. The Company increased spinning capacity and modernised the facilities at Singanallur and Vadamathurai Plants. It set up a 100% EOU to manufacture 50,000 Sq mtr of granite tiles at Ennore near Chennai.These projects were partly funded by the issue made during 1992 to the tune of Rs.22.50 Crore. The Company started production of Single Super Phosphate in January, 2015. In 2018, it operated in manufacturing of Fertilizers product. In 2022, it embarked upon marketing & manufacturing of FMCG products. In 2023, it has diversified into various businesses like marketing & manufacturing of Drones and Hotels. The Company leased its fertilizer factory to M/s. Coromandel International Limited. It dealt with FMCG Products like Health Care Products and Manufacturing of Rusk, Cookies and Dum Roots. Company started the business of Footwears in 2024. During the year 2024-25, Company has started to do business in publishing or media business-Industrial Economist. In addition, it opened Kicker's footwear showroom in Chennai and Qatar.