Announced Fri, 19 Jun · 18:00 IST
Alfa Transformers to sell Vadodara unit as going concern for Rs 18 Cr
Price
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Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹47.39
prior close
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base price
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AI summary
Alfa Transformers board approved the slump sale of its Vadodara unit to KASST Industries Limited for Rs 18 Cr in cash. The unit contributed Rs 1049.30 Lakhs (about 32 percent of total revenue) in FY26 but posted losses of Rs 272.48 Lakhs and has accumulated losses of Rs 1581.15 Lakhs. Expected to complete by 18 September 2026, subject to shareholder approval. Buyer is not a related party and the sale will make the company debt-free.
Likely market impact
Exiting a loss-making unit may improve overall profitability. No change in shareholding. Deal still needs shareholder approval.