Njeru Industries placed under administration, two supervisors picked
NAIROBI, Kenya, Sept 6 – Njeru Industries Limited has been placed under administration following a court order under the Insolvency Act No. 18 of 2015, Kenya breaking news | Kenya news today |..
✨ Key Highlights
Njeru Industries Limited has been placed under administration by a court order under the Insolvency Act No. 18 of 2015, effective September 3, 2025. This action transfers control of the company's affairs from its directors to appointed administrators.
- The company's administration resulted from Insolvency Cause No. IP E048 of 2025.
- PVR Rao and Swaroop Rao Ponangipalli have been appointed as Joint Administrators.
- All powers of the Directors regarding the company's assets have ceased.
- Creditors and claimants must submit their claims by September 30, 2025.
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Mt. Kenya Tea Factory and Njeru Industries Placed Under Administration - September 2025
Mt. Kenya Tea Factory Limited has been placed under administration, with the move becoming effective on September 3, 2025, due to a court order. Insolvency practitioners have been appointed to manage the company's affairs. This action transfers all operational control from the directors to Joint Administrators, meaning the directors no longer have power over the company's assets. This development occurs amid significant challenges facing Kenya’s tea industry. Separately, Njeru Industries has also been placed under administration, and two supervisors have been picked to manage it.
