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KEC International inks BTA with subsidiary for transfer of cables business

30 Dec 2024 Evaluate
KEC International has executed the Business Transfer Agreement (BTA) on December 30, 2024, regarding transfer of Cables Business of the Company, on a going concern basis, via slump sale, to KEC Asian Cables, a subsidiary of the Company.

The subsidiarisation of the Cables Business will help improve focus on Company’s core activities, go-to-market approach and capital allocation. The transaction is a related party transaction with a subsidiary company of the Company and is being done at arm’s length.

KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.

KEC International Share Price

580.10 10.85 (1.91%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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