Keerthi Industries Delays Slump Sale of Electronics Division to Hyderabad Bottling Co. Private Limited

Keerthi Industries Ltd. has announced a delay in the completion of the slump sale of its Electronics Division to Hyderabad Bottling Co. Private Limited. The transaction, earlier expected to be completed by September 30, 2025, is now expected to be completed on or before November 30, 2025. The delay is due to certain regulatory formalities and operational documentation requirements. The sale of the Electronics Division constitutes 19.87% of the total income of the Company in FY 2024-25. The consideration for the sale is INR 36 Crore, excluding all applicable taxes. The proceeds from the sale will be used for the repayment of Bank Facilities and any balance remaining will be used for repayment/ adjustment of Unsecured Loans of the Company. The sale is being undertaken on an arm's length basis as per the Independent Valuation Report dated May 29, 2025.