Kiran Print Pack Approves Industrial Property Sale To Karav Innovation LLP

Board approved sale and transfer of the company's industrial land and building to promoter-linked Karav Innovation LLP on an 'as is where is' basis, subject to shareholder approval. The transaction involves an entity whose designated partners include company promoters or promoter-group members and will require member approval. Consideration, valuation, rationale, use of proceeds and impact on operations were not disclosed; the related-party asset sale introduces execution and governance uncertainty.