Jyothy Labs Ltd

- Jyothy Labs sold 75% stake in Jyothy Kallol Bangladesh Ltd. (JKBL). - Sale price: BDT 3,01,92,134. - Full payment received on Sept 10, 2025. - Buyer: Kallol Enterprise Limited.

🔍 Overview of Transaction:

The company has sold its entire 75% equity stake in Jyothy Kallol Bangladesh Limited (JKBL). JKBL is a subsidiary based in Bangladesh.

💰 Sale Details:

• Buyer: Kallol Enterprise Limited.
• Consideration Amount: Bangladeshi Taka (BDT) 3,01,92,134.
• Date of Receipt: September 10, 2025.

📌 What does this mean?

Selling its stake means Jyothy Labs is transferring ownership of JKBL to another entity. The company has received the full sale amount.

🤔 Possible Perceptions:

• Could be seen as a strategic move to focus on core markets or businesses.
• May indicate exit from or reduced interest in the Bangladesh market.
• Shows successful completion of a previously announced transaction dated March 25, 2025.

📈 For Investors:

This update informs stakeholders about change in Jyothy Labs’ business portfolio, specifically that it no longer holds a majority stake in JKBL. It may affect future revenues or profits related to foreign operations.

💡 Note:

No assumptions about financial impacts or future performance are made here; the information is factual and reports completion of a sale and receipt of payment.