Kothari Industrial Corporation Ltd (KOTIC) — Announcement | 30 September 2026
Kothari Industrial Corporation announced a non-binding MoU with Dutch ship recycling firm EEC to explore a joint venture in Tamil Nadu for ship recycling and repair, marking its first Indian venture under international standards. The MoU outlines steps toward forming the JV, land identification near Tuticorin Port, and regulatory facilitation, but does not include financing or definitive agreements. The filing confirms routine procedural disclosure with no immediate financial impact.
About Kothari Industrial Corporation Ltd (KOTIC)
Services · Trading · Listed on BSE
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📊 More KOTIC filings
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🔥 Also filed on 30 September 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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