Disclaimer – Important
THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.
IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.
The following disclaimer applies to the red herring prospectus of Kusumgar Limited (formerly known as Kusumgar Private Limited) (the “Company”) dated July 1, 2026 (the “Red Herring Prospectus”) and the abridged prospectus of the Company dated July 1, 2026 (the “Abridged Prospectus”) filed with the Registrar of Companies, Mumbai-I at Mumbai and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹1 each (the “Equity Shares”) of the Company (the “Offer”).
THE RED HERRING PROSPECTUS AND THE ABRIDGED PROSPECTUS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).
The Red Herring Prospectus and the Abridged Prospectus are directed at, and is intended for distribution to, and use by, residents of India only. You may not forward, distribute, reproduce, or deliver these documents, in whole or in part, whether electronically or otherwise, to any person outside India
Access to the Red Herring Prospectus and the Abridged Prospectus does not constitute a recommendation by the Company, the Promoter Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer.
Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 23 of the Red Herring Prospectus.
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.
The information in the Red Herring Prospectus and the Abridged Prospectus is as of the date thereof and none of the Company, the Promoter Selling Shareholders, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.
No person outside India is eligible to bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).
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Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.
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Siddharth Yogesh KusumgarChairman and Managing DirectorSiddharth Yogesh Kusumgar is the Chairman and Managing Director of our Company. He holds a diploma in textiles from Synthetic and Art Silk Mills Research Association, Mumbai. He is responsible for strategic leadership, business growth, etc. in the Company. He has over 25 years of experience in the field of technical textiles. |
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Sapna Siddharth KusumgarJoint Managing DirectorSapna Siddharth Kusumgar is the Joint Managing Director of our Company. She holds a bachelor’s degree in engineering (in its construction engineering branch) from Mahavir Education Trust’s Shah and Anchor Kutchi Engineering College, University of Mumbai and a post graduate diploma in management (family managed business) from S.P. Jain Institute of Management & Research, Mumbai. She is responsible for business integration, enhancing specialized value-added offerings, aligning organizational capabilities with evolving global market demands, etc. in the Company. She has over 21 years of experience in the field of human resources and information technology and technical textiles. |
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Ankur KothariExecutive Director and Chief Executive OfficerAnkur Kothari is an Executive Director and Chief Executive Officer of our Company. He holds a bachelor’s degree in textile technology from the Indian Institute of Technology, Delhi and a master’s degree in business administration from J.L. Kellogg School of Management, Northwestern University. He is responsible for growth and financial performance, ensuring governance and compliance, overseeing operations and risk, etc. in the Company. He was previously associated with the Boston Consulting Group as a project leader and Arvind Limited as chief operating officer – comp. indus fabrics & non-wovens in the past and has over 15 years of experience in the field of strategy and operating roles. |
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Kaushal Jaysingh SampatIndependent DirectorKaushal Jaysingh Sampat is an Independent Director of our Company. He holds a bachelor’s degree in commerce from University of Bombay and holds a master’s degree in business administration from Bowling Green State University, Ohio. He was associated with Dun & Bradstreet Information Services India Private Limited as a president and managing director – India in the past and is currently also associated with Rubix Data Sciences Private Limited as a director. He has over 16 years of experience in the field of general management, sales, marketing and operations, international business development, risk management, data and analytics. |
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Deepti GuptaIndependent DirectorDeepti Gupta is an Independent Director of our Company. She holds a bachelor’s degree in science (home science) from Govind Ballabh Pant University of Agriculture & Technology, Pantnagar, a master’s degree in science (clothing and textiles) from Govind Ballabh Pant University of Agriculture & Technology, Pantnagar and Doctor of Philosophy degree (Ph.D.) in textile technology from Indian Institute of Technology, Delhi. She is associated with Department of Textile & Fibre Engineering at Indian Institute of Technology, Delhi as a professor and has over 28 years of experience in textile chemical processing, product development and as an academician. |
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Nihar Ajay ParikhIndependent DirectorNihar Ajay Parikh is an Independent Director of our Company. He holds a bachelor’s degree in chemical engineering from Mumbai University. He is also associated with Tejal Merchantile Private Limited and has over 10 years of experience in the field of business strategy, finance and operations. |