Acquisition / mergerNotableFiled on BSE ·

Kiri Industries confirms completion of 40% share acquisition in Makilala Mining

Kiri Industries Ltd · Chemicals & Petrochemicals

What the filing says

  • On 26 October 2026, Philippine Bureau of Internal Revenue issued eCAR for transfer of 20 million shares of Makilala Mining Company (40% stake) to Equinaire Holdings Limited (EHL).
  • EHL is a wholly owned subsidiary of Kiri Industries Limited.
  • Share transfer recorded in MMCI's Stock and Transfer Book and corresponding stock certificate issued to EHL, completing the acquisition process.

Why it's rated notable: The filing confirms completion of the transfer of a 40% stake in Makilala Mining Company, Inc. to a wholly owned subsidiary, but states no purchase amount, so the level is kept at medium.

Original filing

Acquisition Of Shares Of Makilala Mining Company, Inc. By Equinaire Holdings Limited Through Public Auction - Completion Of Share Transfer Process

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.