Incredible Industries Ltd Executes Agreement for Sale of Wind Mill K-342 to Technosteel Infraprojects

Incredible Industries Ltd has executed an agreement for the sale of Wind Mill K-342 to Technosteel Infraprojects Private Limited. The wind mill had a total revenue of Rs. 0.49 Cr. (0.06%) and a net worth of Rs. 1.29 Cr. (0.89%) in the last financial year. The sale deed and asset purchase agreement were executed on 27th October, 2025. The consideration received from the sale is Rs. 1.50 Cr. (Rupees One Crore Fifty Lacs only). Technosteel Infraprojects Private Limited is a private limited company engaged in the business of manufacturing of pe wire used in railway sleepers and RCC cement poles ERC clip used in railway track to hold rail and sleeper together. The buyer does not belong to the promoter/promoter group/group companies. The transaction is not a Related Party Transaction and is not applicable under Regulation 37A of LODR Regulations.