Shilpa Talati has offloaded 83,000 shares of Kotyark Industries for approximately INR 38.16 crores, with each share sold at INR 460. This significant sale suggests potential changes in her strategic holdings within the company.
Kotyark Industries Limited
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Kotyark Industries has announced plans to boost its share capital tenfold to ₹200 crore, with a proposed 10:1 bonus share issue that would increase the paid-up capital from ₹10.3 crore to ₹113.1 crore. Additionally, a ₹5 per share dividend has been recommended by the board.
Kotyark Industries is set to review a proposed bonus share issue, which could potentially alter the shareholding pattern among its investors.
Gaurang R Shah HUF has offloaded approximately 135,000 shares of Kotyark Industries, with an average selling price of around Rs. 413 per share.
Kotyark Industries reported impressive financial results for March 2026. Net sales skyrocketed by 220.5%, reaching Rs 63.66 crore, while net profit surged an astounding 541.4% to Rs 9.33 crore. EBITDA saw a similar increase of 221.3%. Shares closed at Rs 427.15, representing a substantial 52.1% return over the past six months.
Kotyark Industries has proposed a dividend of ₹5 per share, representing a half payout from their earnings. However, shareholder approval is still needed before this plan can be executed.