Kirloskar Electric Company has executed a Sale Deed on December 08, 2022 effecting the sale of the Company’s non-core asset of 10.81 acre of land situated at Gudimangalam village, Tirupur district, Tamil Nadu for a consideration of Rs 2.10 crore. Earlier, in October 2022, the company had entered into agreement to sell 1.27 lakh square meters land in Karnataka for Rs 95.12 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.
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| Apar Inds | 11281.00 |
| ABB India | 6833.50 |
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