Keerthi Industries Ltd — Important, 11-08-2026: Company Update

Keerthi Industries Limited's promoter and director, Seshagiri Rao Jasti, has announced the release of a pledge on 24.05 lakh equity shares. These shares, previously pledged with Axis Bank Limited as collateral for credit facilities, are valued at approximately ₹9.98 Cr. This release signifies a reduction in the promoter's encumbered holdings, potentially indicating improved financial flexibility or reduced leverage. For shareholders, this development could be viewed as a positive signal regarding the promoter's financial health and their commitment to the company.