Keerthi Industries Ltd
Keerthi Industries Sells Electronics Business for ₹36 Crore 💼📊
• Electronics Business contributed ₹24.29 Crore (19.87%) to total income of ₹122.23 Crore in FY 2024-25
• Sale consideration of ₹36 Crore received on December 1, 2025
• Proceeds to be used for repayment of term loans, cash credits, and unsecured loans
• Rationale includes debt reduction (₹29.11 Crore in term loans/cash credits and ₹26.54 Crore in unsecured loans)
• Expected annual interest savings of approximately ₹3.6 Crore
• Capital reallocation for improved operational efficiency
• No change in shareholding pattern of Keerthi Industries Limited