5329672026-09-105329672026-09-102026-09-10iso4217:INRxbrli:pure532967KIRI INDUSTRIES LIMITEDKIRIINDUSNOTLISTEDINE415I01015NewAcquisition (including agreement to acquire)false2026-09-0814:30:002026-09-10Equinaire Holdings LimitedSubsidiaryMakilala Mining Company, Inc.00-524400000true2026-05-30falsetrueThe Promoters and Promoter Group are deemed to be interested in the transaction only to the extent of their respective shareholding in the Company.trueThe Target is developing the Maalinao-Caigutan-Biyog copper-gold project (the “MCB Project”), located in Barangay Balatoc, Municipality of Pasil, Province of Kalinga, Philippines.The acquisition aligns with the Company’s strategy to secure a stable, long-term supply of copper concentrate for the upcoming greenfield copper project being developed by the Company’s step-down subsidiary, Indo Asia Copper Limited. The Company believes the transaction will enhance access to critical raw materials and support its broader participation across the copper value chain.YesFollowing the execution and delivery of the Deed of Absolute Sale and the other applicable transfer documents, the necessary tax clearances and corporate registration formalities will be undertaken. These include payment of the applicable taxes, issuance by the Philippine Bureau of Internal Revenue of the applicable Certificate Authorizing Registration or electronic Certificate Authorizing Registration (CAR/eCAR), and completion of the applicable corporate transfer and registration formalities, including the recording of the transfer in MMCI’s stock and transfer book, the transfer shall become effective as against MMCI and third parties. EHL shall thereafter exercise the voting and other stockholder rights appurtenant to the Auction Shares in its own capacity as stockholder on record. Pending such legal process of transfer, EHL shall continue to exercise the voting rights attached to the Auction Shares pursuant to, and to the extent authorized by, its step-in rights under the OLSA.falseThe process for acquisition of the 40% stake is expected to be completed within fifteen (15) to twenty-five (25) working days from confirmation of the completeness of documentation. This may be subject to change depending on the Bureau of Internal Revenue’s workload, and the availability of reviewing personnel.Cash474500000Cash47450000000.40.4MMCI is the Philippine company developing the Maalinao-Caigutan-Biyog copper-gold project (the “MCB Project”), located in Barangay Balatoc, Municipality of Pasil, Province of Kalinga, Philippines. The MCB Project is covered by Mineral Production Sharing Agreement No. 356-2024-CAR, granted to MMCI over a contract area of approximately 2,500 hectares for an initial term of 25 years, renewable for a further 25 years, subject to applicable requirements.India