Accordingly, the company's authorized share capital would increase from Rs 31.50 crore to Rs 61.50 crore. The bonus share issue would be funded through the free reserves of the company. A sum of Rs 29.84 crore would be capitalized for the implementation of the same. Kothari Products is primarily engaged in international trading of various products and commodities which include coal, agro based commodities, storage devices, transformers, edible oil, steel, tiles, polyvinyl chloride (PVC), metals etc. The company along with its subsidiaries and other group entities is also engaged in real estate development and leasing. The company had reported a consolidated net loss of Rs 120.12 crore in the quarter ended September 2024 as against net profit of Rs 0.44 crore during the previous quarter ended September 2023. Sales rose 0.04% to Rs 265.90 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Kothari Products will hold a meeting of the Board of Directors of the Company on 27 December 2024.Powered by Capital Market - Live

The company will consider the recommendation of bonus shares and an increase in the authorized share capital, subject to approval by its members through the postal ballot process on the matter. Kothari Products is engaged in the business of Real Estate and International Trade. The company reported consolidated net loss of Rs 120.12 crore in Q2 FY25 as compared with net profit of Rs 0.44 crore in Q2 FY24. Net sales increased marginally higher to Rs 256.90 crore in Q2 FY25 as compared with Rs 265.79 crore in Q2 FY24. Currently, the market capitalization of Kothari Products was Rs 613.44 crore. Powered by Capital Market - Live

Celebrity Fashions Ltd, Universus Photo Imagings Ltd, Sambhaav Media Ltd and Emmbi Industries Ltd are among the other gainers in the BSE's 'B' group today, 20 December 2024.Kothari Products Ltd soared 18.39% to Rs 202.8 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 94541 shares were traded on the counter so far as against the average daily volumes of 2389 shares in the past one month. Celebrity Fashions Ltd surged 11.94% to Rs 18.28. The stock was the second biggest gainer in 'B' group. On the BSE, 81677 shares were traded on the counter so far as against the average daily volumes of 24171 shares in the past one month. Universus Photo Imagings Ltd spiked 11.50% to Rs 298.15. The stock was the third biggest gainer in 'B' group. On the BSE, 10756 shares were traded on the counter so far as against the average daily volumes of 1519 shares in the past one month. Sambhaav Media Ltd spurt 10.86% to Rs 8.88. The stock was the fourth biggest gainer in 'B' group. On the BSE, 3.34 lakh shares were traded on the counter so far as against the average daily volumes of 2.3 lakh shares in the past one month. Emmbi Industries Ltd rose 10.70% to Rs 162.45. The stock was the fifth biggest gainer in 'B' group. On the BSE, 51692 shares were traded on the counter so far as against the average daily volumes of 15384 shares in the past one month. Powered by Capital Market - Live

Net profit of Kothari Products declined 55.00% to Rs 5.27 crore in the quarter ended June 2024 as against Rs 11.71 crore during the previous quarter ended June 2023. Sales rose 10.39% to Rs 247.64 crore in the quarter ended June 2024 as against Rs 224.33 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales247.64224.33 10 OPM %0.170.36 - PBDT6.7413.41 -50 PBT6.3412.94 -51 NP5.2711.71 -55 Powered by Capital Market - Live

Kothari Products announced that the 40th Annual General Meeting (AGM) of the company will be held on 14 September 2024.Powered by Capital Market - Live