Rexnord Electronics Sells Wholly Owned Subsidiary For ₹5.5 Crore

Sold entire stake in wholly owned Rexnord Enterprise via Sept 24 Share Purchase Agreement to Jamin Property Developers for Rs 5.5 crore, closing by Oct 10; REPL had nil FY26 revenue and Rs 62.77 lakh net worth, ceases as subsidiary. Context: exits non-core arm to unrelated buyer.