Kranti Industries has entered into a strategic partnership with Kores Group, signing an agreement to establish a joint venture focused on manufacturing critical casting components in Gujarat. This collaboration aims to combine the strengths and capabilities of both companies in the casting and manufacturing sector.

Key Points of the Joint Venture

• Partners: Kranti Industries and Kores Group
• Focus: Manufacturing critical casting components
• Location: Gujarat

Strategic Implications

This joint venture represents a significant move for both Kranti Industries and Kores Group, potentially enhancing their manufacturing capabilities and market presence. By joining forces, the companies are poised to leverage their respective expertise in the casting and manufacturing sector.

Industry Impact

The partnership could have notable implications for the manufacturing industry in Gujarat, particularly in the production of critical casting components. This move may strengthen the region's position as a hub for specialized manufacturing.

Looking Ahead

While specific details about the joint venture's operations, investment, or production capacity have not been disclosed, this collaboration signals both companies' commitment to growth and innovation in the manufacturing sector. Stakeholders will likely be watching closely to see how this partnership develops and its potential impact on the industry landscape.

As more information becomes available, it will be interesting to observe how this joint venture influences the companies' market positions and contributes to the broader manufacturing ecosystem in Gujarat.

Kranti Industries Limited, a BSE-listed company, has announced the resignation of its Company Secretary and Compliance Officer, CS Shraddha Phule. The departure, effective September 15, 2025, was communicated to the stock exchange as part of the company's regulatory obligations.

Resignation Details

CS Shraddha Phule, who held ICSI Membership No. ACS67126, served as a Key Managerial Personnel at Kranti Industries. In her resignation letter, Phule cited her intention to pursue growth opportunities as the reason for her departure.

Company's Response

Kranti Industries has initiated the process of identifying a suitable replacement for the position. The company has assured stakeholders that it will notify the stock exchange once the vacancy is filled, in compliance with regulatory requirements.

Regulatory Compliance

The resignation was disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kranti Industries made the announcement to ensure transparency and adherence to market regulations.

Management Statement

Sachin Subhash Vora, the Managing Director of Kranti Industries Limited, signed off on the official communication to the BSE. The company expressed its commitment to maintaining continuity in its secretarial and compliance functions during this transition period.

As Kranti Industries navigates this change in its key personnel, investors and stakeholders will be keenly watching for announcements regarding the appointment of a new Company Secretary and Compliance Officer.