Keerthi Industries Ltd — Important, 28-03-2026: Company Update

Keerthi Industries has finalized the effective date for the slump sale of its Electronics Division to Keerthi Holdings Private Limited. This division contributed 19.87% of the company's total income (INR 24.29 Crore) last financial year. The company received INR 36 Crore from this sale, which will be utilized to repay significant bank and unsecured loans, substantially reducing its overall debt. This strategic move is expected to save INR 3.6 Crore in annual interest expenses, enhancing profitability and cash flow. It unlocks capital from a segment requiring investment and strengthens the balance sheet, aiming for increased shareholder value.