Keerthi Industries Ltd
Keerthi Industries Sells Electronics Division for ₹36 Crore 💰
- Slump sale of Electronics Division to Hyderabad Bottling Co. Pvt. Ltd. completed on 1st December 2025.
- Sale consideration: ₹36 Crore (excluding taxes).
- Electronics Division contributed 19.87% (₹24.29 Cr) of total income (₹122.23 Cr) in FY 2024-25.
- Proceeds to repay bank facilities (Term Loans, Cash Credits) and unsecured loans.
- Expected annual interest savings: ~₹3.6 Crore, boosting profitability & cash flow.
- Transaction classified as Related Party (joint control), conducted at arm’s length per valuation report.
- No change in Keerthi Industries’ shareholding post-sale.
- Rationale: Debt reduction, operational efficiency, and capital reallocation for shareholder value.