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Board approved slump sale of Baheri sugar, distillery and cogen undertaking, 100% of FY26 revenue, to newly incorporated unrelated Avadh Foods for Rs431 crore less liabilities, MoU signed, completion by 15 Jun 2027 pending shareholder approval. Context: advances stated asset-monetisation route to fund SDF settlement.
Kesar Enterprises Approves ₹431 Crore Slump Sale To Avadh Foods
Kesar Enterprises Accepts SDF One-Time Settlement For Cogeneration Loan