KEI Industries Limited has informed the Exchange about that Company has acquired Industrial Plot admeasuring 45964.92 Sqm from Gujarat Industrial Development Corporation (GIDC) located at Plot No. 832 to 836 at Sanand II, Industrial Estate, Ahmedabad, Gujarat for an amount of approx. ₹23.05 crore which will be used for future expansion.
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KEI Industries has bought an industrial plot of about 46,000 square metres at Sanand II Industrial Estate in Ahmedabad from GIDC for roughly ₹23.05 crore. The land is intended for the company's future expansion plans. The acquisition was disclosed to the exchanges on July 16, 2025, by Chairman and Managing Director Anil Gupta.
This is a small land purchase relative to KEI Industries' size and signals incremental capacity planning rather than an immediate change in operations. Shareholders are unlikely to see a material near-term impact on earnings or stock price, though it points to long-term growth ambitions in Gujarat.