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KIRI INDUSTRIES LTD. - 532967 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 With regards to above and in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to inform that a Conference Call is scheduled to be held on Tuesday, June 29, 2021 at 2.00 p.m. (IST) to discuss the Financial Performance of the Company for the quarter and year ended on March 31, 2021. Please find attached herewith the invitation for the Conference Call. You are requested to kindly take note of the same.
25-06-2021
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KIRI INDUSTRIES LTD. - 532967 - Board Meeting Intimation for Intimation Of Board Meeting In Compliance Of Regulation 29 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 KIRI INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/06/2021 ,inter alia, to consider and approve With reference to the above mentioned subject, we wish to inform that, a meeting of Board of Directors of the company is scheduled to be held on Monday, June 28, 2021 at the Registered Office of the Company inter alia to: 1. Consider, approve and take on record the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2021. 2. Issue/allot 31,87,374 Equity Shares upon conversion of 7 (Seven) Series D Foreign Currency Convertible Bonds (FCCBs) to Lotus Global Investments Ltd. You are requested to kindly take note of the same.
21-06-2021
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KIRI INDUSTRIES LTD. - 532967 - Singapore International Commercial Court Confirms US$481.60 Million, As The Final Value Of Kiri''s Stake In Dystar. Updates On Court Case In Singapore In Compliance With Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

 We are pleased to inform that the Singapore International Commercial Court ('SICC') vide its final judgement dated June 21, 2021 has confirmed the final value of Kiri's 37.57% stake in DyStar Global Holdings Pte Ltd (DyStar) at US$481.60 Million (approximately Indian INR 3,570 Crore), after giving effects of two minor adjustments. The buyout order to be executed at value of US$ 481.60 million as ordered by SICC vide their judgement dated July 3, 2018. Please find attached herewith copy of SICC final valuation judgement dated June 21, 2021 for your reference and records. You are requested to kindly note the above.
21-06-2021

Kiri Industries awarded $482 m for stake in DyStar

 In a long-drawn litigation on valuation for Kiri Industries Limited's 37.57 per cent stake in DyStar Global Holdings Pte Ltd, the Singapore Internat
04-06-2021
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Kiri Industries Ltd - 532967 - Singapore Court Confirms US$482.50 Million, As Value Of Kiri''s Stake In Dystar, With A Minor Pending Adjustment. Updates On Court Case In Singapore In Compliance With Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

 We are pleased to inform that the SICC has awarded the value of Kiri's 37.57% stake in DyStar Global Holdings Pte Ltd (DyStar) at US$482.50 Million, with two minor adjustments in relation to application of tax rate for FY 2018, and DyStar Group Tax Rate pertaining to Longsheng fees. In opinion of the management ,these two adjustment are expected to be less than US $ 2.00 Mn, and hence shall not effect more than US$ 2.00 Mn of Company's stake value of US$482.50 Mn decided by the SICC. Accordingly, in opinion of the management, the value of Kiri''s stake determined by the court would be around USD 480 Mn (approx. INR 3,500 crore). The final crystallisation of this residual minor adjustment is expected to be done by Singapore Court, within the next 3-4 weeks, as per assessment of our legal team. Please note that the court case summary can be viewed at https://www.supremecourt.gov.sg/news/case-summaries/kiri-industries-ltd-v-senda-international-capital-limited-and-another-2021-sghci-2
04-06-2021
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Kiri Industries Ltd - 532967 - Updates On Court Case In Singapore In Compliance With Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 We are pleased to inform you that Singapore International Commercial Court ('SICC') has delivered the judgement on valuation of Company's stake in DyStar on June 3, 2021. The copy of SICC Judgement is enclosed herewith. You are requested to kindly note the above.
03-06-2021
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KIRI INDUSTRIES LTD. - 532967 - Updates On Court Case In Singapore In Compliance With Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 We are pleased to inform you that the Singapore International Commercial Court ('SICC') shall deliver the judgement on valuation of Company's stake in DyStar tomorrow i.e. 3 June, 2021 We will further update once the judgement becomes available to the Company.
02-06-2021
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Kiri Industries Ltd - 532967 - Compliances-Reg.24(A)-Annual Secretarial Compliance

 Pursuant to Regulation 24A of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 read with SEBI Circular no. CIR/CFD/CMD1/27/2019 dated February 08, 2019, we are enclosing herewith Annual Secretarial Compliance Report dated June 01, 2021 issued by M/s. Kashyap R. Mehta & Associates, Practicing Company Secretaries, Ahmedabad for the year ended March 31, 2021. You are requested to take the same on record.
01-06-2021
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KIRI INDUSTRIES LTD. - 532967 - Clarification sought from Kiri Industries Ltd

 The Exchange has sought clarification from Kiri Industries Ltd on April 29, 2021, with reference to Movement in Volume.The reply is awaited.
29-04-2021
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Kiri Industries Ltd - 532967 - Sub: Increase In Volume Ref: 1. Your Email Reference No. L/SURV/ONL/PV/NK/2021-2022/35 Dated April 29, 2021 2. Scrip ID - 532967

 We are in receipt of your above referred email and noted the contents thereof. In response to the same, we wish to inform that there are no events or information, attracting Regulation 30 of (Listing Obligations and Disclosure Requirements) Regulations 2015 ('Listing Regulations') or otherwise, which may have bearing on the price and/volume of the equity shares of the Company on the stock exchange(s). We would like to clarify that all material information as required under Listing regulations including price sensitive information have been disclosed regularly by the Company and we also assure that we will keep Exchange(s) informed about such information in compliance with Listing Regulations. Hope you find the same in order.
29-04-2021
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