Kohinoor Foods Limited — Important, 31-03-2025: General Updates

Kohinoor Foods Limited has announced a board meeting on March 31, 2025, to finalize a tripartite agreement with RCM Consumer Products Private Limited for the slump sale of its factory unit in Murthal, Haryana. The sale is valued at ₹190 Crore, representing approximately 68.5% of the company's total asset book value. This strategic move aims to fulfill commitments under an approved one-time settlement with lenders, following the company's classification as a non-performing asset since May 2018. The transaction may improve liquidity and reshape the company's financial health, potentially fostering a positive outlook among investors.