Kiri Industries Ltd

📈 Kiri Family Increases Stake in Kiri Industries with Warrant Conversion

• Manishkumar P Kiri and other acquirers received 5,145,446 equity shares upon conversion of warrants.

• The conversion was approved by the Board of Directors on April 11, 2026.

• Prior to conversion, the acquirers held 36.62% voting rights (21,979,256 shares) and 7.90% in warrants (5,145,446 warrants) on a diluted basis.

• Post-conversion, the acquirers' voting rights increased to 41.62% (27,124,702 shares).

• Total holdings, including encumbered shares, stand at 41.71%.

• The equity share capital of Kiri Industries increased from 60,022,554 shares to 65,168,000 shares.