Delta Manufacturing Limited — Important, 24-03-2025: Sale or disposal

Delta Manufacturing Limited has announced a board meeting on the completion of transferring its soft ferrites business to MMG Ferrites Private Limited. Following this transaction, Delta holds a 50% share in MMG, which has now ceased to be a subsidiary. This change in structure could enhance operational focus and strategic flexibility for Delta, possibly leading to a positive outlook among investors as the company streamlines its core operations. The transaction aligns with Delta’s strategic intent to optimize its business portfolio, suggesting potential growth opportunities ahead.