Kirloskar Oil Engines Limited — Important, 19-06-2025: Updates

Kirloskar Oil Engines’ wholly owned subsidiary, La-Gajjar Machineries, has announced a board meeting on the sale and transfer of its Cables, Wires & Pipes business via slump sale to Vira Logistics for Rs. 10.70 Cr (subject to adjustments). The transaction is expected to complete soon and involves an unrelated buyer. This divestment will streamline LGM’s operations and potentially impact consolidated revenue from this segment.