Excel Industries divests 46.25% stake in Climacrew Private Limited for Rs 1.47 crore to promoter Ashwin C. Shroff

Excel Industries Limited has announced that its wholly owned subsidiary, Kamaljyot Investments Limited (KIL), has sold its entire 46.25% stake in Climacrew Private Limited (CPL) to Mr. Ashwin C. Shroff, a promoter of the company. The divested stake amounts to 14,72,228 shares, and the transaction was completed on March 28, 2025, for a total consideration […]