Keerthi Industries’ promoter has sold 100,000 equity shares of the company through an open market transaction on April 30, 2013. The above step is taken in order to compile with clause 40A of the listing agreement and the current promoter shareholding in the company is less than 75%.
Keerthi Industries has been engaged in the manufacture of cement since 1986. The company has also diversified from cement to power, electronics, sugar, and distillery.