Kranti Industries Limited has announced the incorporation of a new associate company, KRAKO PRECISION PRIVATE LIMITED, as part of a joint venture initiative. The Ministry of Corporate Affairs approved the incorporation on October 22, 2025, assigning the Corporate Identification Number (CIN) U28229MH2025PTC459469.

Investment Details

Kranti Industries will make a strategic investment in the newly formed entity:

About KRAKO Precision

The new joint venture, KRAKO Precision Private Limited, has been established with the following capital structure:

KRAKO Precision will operate in the manufacturing sector, with a specific focus on machining critical casting components.

Transaction Details

• The investment does not fall under related party transactions.
• Promoter groups have no interest in the acquired entity.
• The consideration is being paid in cash.

Regulatory Compliance

Kranti Industries Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the required details to the BSE Limited as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

This strategic move by Kranti Industries Limited to enter into a joint venture for machining critical casting components may potentially expand its manufacturing capabilities and market presence in the sector.

Kranti Industries Limited (KIL) has taken a significant step towards expanding its operational footprint in North India by signing a Memorandum of Understanding (MoU) with Universal Autofoundry Limited (UFL). The agreement, executed on October 18, 2025, outlines a strategic collaboration set to commence on January 1, 2026.

Key Details of the MoU

Strategic Implications

The collaboration aims to leverage the core competencies of both companies:

• UFL's Contribution: Foundry capabilities and casting component manufacturing
• Kranti's Expertise: Precision machining and operational management

This synergy is expected to enhance productivity, quality, and operational efficiency, potentially creating long-term value for both entities.

Operational Changes

As part of the agreement, UFL plans to consolidate its machine shops from two locations into a single facility at their Unit 3 plant in Sargoth. This consolidation involves:

1. Transferring machines from UFL's Unit 1 to Unit 3
2. Leasing the consolidated facility to Kranti Industries
3. Kranti taking over the operation and management of the machine shop

Financial and Corporate Governance Aspects

The MoU has been structured with transparency and good corporate governance in mind:

• No promoters, promoter groups, or related parties have any interest in this transaction
• The agreement does not fall under related party transactions
• No special rights such as board appointments or capital structure changes are included

Future Outlook

This strategic move is poised to strengthen Kranti Industries' presence in North India while expanding its machining capacity. By fostering synergistic growth with a complementary manufacturing partner, Kranti aims to enhance its operational capabilities and market position.

The execution of definitive agreements will solidify this partnership, marking a new chapter in the growth strategies of both Kranti Industries and Universal Autofoundry.

Note: The implementation of this MoU is subject to the execution of definitive agreements between the parties.