<h1>Kothari Industrial Corporation Secures Multi-Year Food Service Contracts Worth R12.02 Crore in Tamil Nadu</h1>
Kothari Industrial Corporation Limited has secured contracts totaling R12,02,10,199.20 from six municipalities across Tamil Nadu. The contracts pertain to providing food services under the Perunthalaivar Kamarajar Breakfast Scheme to municipal and school children.
The company received the Letters of Acceptance (LOAs) for these contracts on 24.08.2026, marking a significant business development in the social service sector. The awarded contracts cover a period of three years.
The municipal bodies that awarded the contracts include Thuraiyru, Musiri, Koothanallur, Pattukkottai, Srivilliputhur, and Adirampattinam Municipality in Tamil Nadu. Under these agreements, Kothari Industrial Corporation Limited is designated as the food service provider, responsible for delivering the prescribed food services from the common kitchens at the designated municipal schools and locations.
Details of the individual contracts and the respective municipalities are provided below:
| Municipality / Entity Awarding Contract | Contract Value | LOA Date | Contract Period |
|---|---|---|---|
| Thuraiyru Municipality | 1,31,70,830.40 | 24.08.2026 | 3 Years |
| Musiri Municipality | 1,62,67,633.20 | 24.08.2026 | 3 Years |
| Koothanallur Municipality | 93,28,082.40 | 24.08.2026 | 3 Years |
| Pattukkottai Municipality | 2,45,55,913.20 | 24.08.2026 | 3 Years |
| Srivilliputhur Municipality | 4,30,91,521.20 | 24.08.2026 | 3 Years |
| Adirampattinam Municipality | 37,96,218.80 | 24.08.2026 | 3 Years |
| TOTAL | 12,02,10,199.20 |
The contracts are all domestic in nature. The company will be required to provide the food services from the designated common kitchens in adherence to the tender documents and applicable terms.
The aggregate value of the contracts, R12,02,10,199.20, represents the size of the order for the three-year duration. The contracts do not fall under related party transactions.
KOTIC Stock Price Movement
As of 11:44 AM, shares of Kothari Industrial Corporation Limited are shedding 1.78% in live trading, currently standing at ₹152.78. The stock has seen a range today between the day low of ₹151.3 and the high of ₹159.7 amid a volume of 7,036 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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