Kirloskar Electric Company has entered into an agreement to sale of Company’s non-core asset situated at Punjgutta, Hyderabad. The expected date of completion of sale is on or before March 20, 2022. The total consideration for the proposed sale would be Rs 3 crore.
Kirloskar Electric Company is one of the India’s leading manufacturers of electrical and power equipment. The company was established in 1946 by Ravi L Kirloskar.