Kiran Print Pack Limited's Board, following Audit Committee advice, approved the sale of its industrial land and building in Navi Mumbai to Karav Innovation LLP.

This entity has designated partners from the company's promoter group.

The sale is contingent on shareholder approval.

The company expects to receive 8.50 Cr from this transaction, which is anticipated to complete by March 2027. In the last financial year, rental income from this property contributed 0.44 Cr, representing 28.94% of the company's total income.

This related party transaction is stated to be at arm's length.