KEERTHI INDUSTRIES : RECEIVES DEMAND NOTICE UNDER INSOLVENCY AND BANKRUPTCY CODE

• Company received a demand notice (Form 3) for unpaid operational debt of ₹4.31 Cr • Principal amount ₹3.34 Cr, interest ₹0.97 Cr, from JP Associates, a coal supplier • Company is reviewing notice with legal counsels and evaluating claims • Expects to resolve and settle amicably within statutory timelines, no material impact anticipated Impact: Neutral (Demand notice received; company is reviewing and expects amicable resolution)

Keerthi Industries Ltd

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