Alfa Transformers Approves ₹18 Crore Slump Sale of Vadodara Unit

Alfa Transformers' Board approved the slump sale of its loss-making Vadodara Unit to KASST Industries for Rs 18 crore. The unit, contributing ~32% of FY26 revenue but holding Rs 15.8 crore in accumulated losses, is being divested to resolve working capital issues and make Alfa debt-free.