Kothari Industrial Corporation Limited has entered into a Memorandum of Understanding (MoU) on 24.09.2025 with Accademia IUAD, Italy, a reputed Design University, for the purpose of establishing a Joint Venture in India.
The objective of this arrangement is to collaborate in establishing a training center of international standard in Tamil Nadu, initially dedicated to the footwear and fashion accessories sectors with the possibility of subsequent extension to the other departments consistent with IUAD'S educational offering and providing specialized training and education in the field of design, fashion, and related disciplines through a structured program. This strategic tie-up is expected to leverage the academic expertise of Accademia IUAD and the business capabilities of the Company to promote skill development and professional opportunities in the sector.
Shares of Kothari Industrial Corporation Limited was last trading in BSE at Rs. 507.00 as compared to the previous close of Rs. 497.10. The total number of shares traded during the day was 3490 in over 67 trades.
The stock hit an intraday high of Rs. 507.00 and intraday low of 507.00. The net turnover during the day was Rs. 1769430.00.