Kirloskar Electric Company Ltd - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

Pursuant to the approval of members by way of postal ballot, it is informed that the Board of Directors of the Company has accorded its approval for the sale of Company's non-core asset situated at Punjgutta, Hyderabad and the Company has entered into an 'Agreement to sell' on such terms and conditions as agreed between the parties. The disclosure for the Proposed sale is enclosed hereto as Annexure-A. This is for your information and dissemination.