Kiri Industries gets SEBI warning letters for disclosure delay

Kiri Industries Ltd received warning letters from BSE and NSE for alleged non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30(7) and 4(1). The non-compliance pertains to the delayed disclosure of extensions to the long-stop date for the en bloc sale of DyStar. The company clarified that the court-mandated long-stop date for the DyStar sale is December 31, 2025, and interim extensions granted by the court-appointed receiver were not considered material for disclosure. Kiri Industries stated it will comply with the directions in the warning letters and ensure adherence to applicable regulations. The company confirmed there is no impact on its financials, operations, or other activities.