Keerthi Industries Ltd — Important, 01-12-2025: Company Update

Keerthi Industries has received INR 36 Crore for the slump sale of its Electronics Division to Hyderabad Bottling Co. Private Limited, completing the transaction. This strategic move aims to substantially reduce debt by repaying INR 29.11 Crore in term loans and cash credits, along with unsecured loans. The company expects to save INR 3.6 Crore in annual interest expenses, directly boosting profitability and cash flow. Divesting the capital-constrained Electronics Division, which contributed 19.87% of total income, strengthens the balance sheet and allows the company to focus on its core cement business, enhancing shareholder value.