Deals26 Dec 2025, 02:49 pm
Kirloskar Electric Company Ltd. Enters Addendum to Registered Agreement for Sale of Immovable Property
AI Summary
Kirloskar Electric Company Ltd. has entered into an addendum to the registered agreement to sell with respect to the proposed sale of its immovable property in Hubli, Karnataka. The property, admeasuring 1.06 acre, was earlier set to be sold under an agreement made on March 20, 2024. The addendum was entered into on December 26, 2025. The consideration for the sale remains the same as previously announced.
Key Highlights
- Kirloskar Electric Company Ltd. has entered into an addendum to the registered agreement to sell its immovable property.
- The property, admeasuring 1.06 acre, is situated in Hubli, Karnataka.
- The addendum was entered into on December 26, 2025.
- The consideration for the sale remains the same as previously announced.
- The transaction does not fall under Related Party Transaction.