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Kilburn Engineering LtdImportant, 14-04-2026: Company Update

14-04-2026 | 05:58 pm

Kilburn Engineering Limited has entered into a Joint Venture Agreement to sell a 40% equity stake in its previously wholly-owned subsidiary, Kilburn East End Private Limited (KEEPL), to East End Technologies Private Limited (EETPL). This strategic divestment, valued at 0.04 Cr, transforms KEEPL into a joint venture where Kilburn Engineering will hold 60% and EETPL 40%. KEEPL, incorporated with a paid-up capital of 0.1 Cr, is yet to commence business operations. This move establishes a partnership for future business growth, with the transaction expected to finalize within 60 days.

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