 "Kiri Industries zooms 20% on favorable Singapore Court verdict")
Shares of Kiri Industries (KIL) are locked in upper circuit of 20% at Rs 576 per share on the BSE on back of heavy volumes after the company said that the Singapore court has dismissed all the claims and counterclaims against promoters Pravin Kiri, Manish Kiri, Amitava Mukherjee (KIL's nominated director on DyStar board) and Kiri International Mauritius Pvt Ltd (KIPL).
The court ordered Senda International Capital Limited (Senda) to buy KIL' 37.57% stake in DyStar Global Holdings (Singapore) Pte Ltd (DyStar).
“The court was pleased to direct Senda to purchase KIL's 37.57% shareholding in DyStar, based on
The court ordered Senda International Capital Limited (Senda) to buy KIL' 37.57% stake in DyStar Global Holdings (Singapore) Pte Ltd (DyStar).
“The court was pleased to direct Senda to purchase KIL's 37.57% shareholding in DyStar, based on
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