Promoters of Kranti Industries Limited transferred 4.97 lakh equity shares through an off-market inter-se transfer by way of gift on June 24, 2026. The transaction, disclosed to BSE under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, involved the acquisition of shares by Mr. Sachin Subhash Vora, Mr. Sumit Subhash Vora, and Ms. Indubala Subhash Vora from Ms. Gadiya Sapna Sunil and Ms. Lodha Rekha Kirtikumar.

Shareholding Details

The transfer resulted in a shift in the shareholding pattern among the promoter group. Mr. Sachin Subhash Vora and Mr. Sumit Subhash Vora acquired 1,50,000 equity shares each, while Ms. Indubala Subhash Vora acquired 1,97,000 equity shares. Consequently, Ms. Gadiya Sapna Sunil disposed of 3,00,000 equity shares, and Ms. Lodha Rekha Kirtikumar disposed of 1,97,000 equity shares.

Pre and Post-Transaction Holdings

The following table outlines the changes in the shareholding of the promoters involved in the transaction:

Regulatory and Capital Structure

The total equity share capital and total voting capital of the company before and after the acquisition stand at 1,27,60,400 equity shares of ₹10 each. The total diluted share/voting capital also remains at 1,27,60,400 equity shares. The disclosure was submitted by Sampada Shekhar Barsawade, Company Secretary and Compliance Officer, on behalf of the company.

Kranti Industries Ltd has secured board approval to avail an additional Working Capital Term Loan Facility from HDFC Bank Ltd under the Emergency Credit Line Guaranteed Scheme (ECLGS). The decision was taken during a meeting of the Board of Directors held on June 13, 2026. This move is intended to support the company's working capital needs via the government-backed credit guarantee scheme.

The board meeting commenced at 12:30 PM IST and concluded at 12:50 PM IST. The approval of the loan facility was a key agenda item discussed during the brief session. The ECLGS scheme provides a guarantee coverage to lenders, enabling them to extend additional credit to businesses impacted by economic disruptions.

Key Details of the Approval

The following table summarizes the key details of the board approval:

The filing was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made by Sampada Shekhar Barswade, Company Secretary and Compliance Officer of Kranti Industries Limited.