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Corporate update

Kothari Industrial Corporation: Intimation regarding receipt of Type Certificate from DGCA for KOAIR - 10L Drone

Kothari Industrial Corporation (KOTIC) filed a disclosure titled "Intimation regarding receipt of Type Certificate from DGCA for KOAIR - 10L Drone". The company is valued at about ₹1,555 crore.

BCEIE News Desk · Published 9 Oct 2026, 06:28 pm IST · Filing received 9 Oct 2026, 06:11 pm IST

What happened

Kothari Industrial Corporation (KOTIC) filed a disclosure with the exchanges on 9 October 2026 at 06:11 PM titled "Intimation regarding receipt of Type Certificate from DGCA for KOAIR - 10L Drone".

Company snapshot

Kothari Industrial Corporation is a small-cap company, with a market value of about ₹1,555 crore.

The stock last traded at ₹143.9, against a 52-week range of ₹123.1–₹223.7 (35.7% below the high).

Before this filing the shares had moved +9.1% over the month and −16.3% over three months. Average daily turnover over the last 20 sessions was about ₹1.34 crore.

Promoters held 47.32% at the end of Q1 FY27, down 0.06% points from the previous quarter. Foreign institutions owned 0.02% and domestic institutions 2.05%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2639-1.9-0.2
Q2 FY2650-6-0.57
Q3 FY265140.37
Q4 FY2645-14.1-1.3
Q1 FY2752-16.3-1.51

What history shows

This is not the company's first corporate update disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 1.8% on average the next trading day and was up 5.0% on average after five days (10 filings with price data).

Market-wide, 139 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.7%, with 35% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
17 Sept 2026Press release+7.0%+10.8%
16 Sept 2026Corporate update+7.2%+16.2%
11 Sept 2026Corporate update−5.4%+8.5%
24 Aug 2026Disclosure Under Regulation 30 - Recognition Received By Una Villa…+2.7%+0.5%

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.