Kranti Industries Limited , a prominent player in the manufacturing sector, has announced a significant development in its international business operations. The company has secured a new purchase order from Ingersoll-Rand Industrial U.S. Inc., marking an important step in its global expansion strategy.

Order Details

The initial order, valued at USD 9,763.00 (approximately ₹8.10 lakh), is for the supply of 10 different housing component parts. This order not only represents a new international client for Kranti Industries but also opens up potential for future business growth.

Future Potential

According to the company's disclosure, this initial order has an annual business potential of approximately USD 439,000.00 (about ₹3.65 crore). This suggests that Ingersoll-Rand Industrial U.S. Inc. may place additional orders in the future, potentially leading to a long-term business relationship.

Execution Timeline

Kranti Industries has set an execution timeline for this order, with completion scheduled for March 2026. This extended timeline indicates that the company is prepared for a sustained engagement with its new international client.

Company's Perspective

In an official statement to the Bombay Stock Exchange (BSE), Kranti Industries expressed its satisfaction with this new development. The company views this order as a strategic entry into the U.S. market, which could pave the way for more international opportunities.

Market Impact

The news of this international order has been well-received by the market. It demonstrates Kranti Industries' capability to compete on a global scale and potentially expand its international client base.

Conclusion

This new order from Ingersoll-Rand Industrial U.S. Inc. represents a significant milestone for Kranti Industries. It not only adds to the company's order book but also enhances its international presence. As Kranti Industries works towards fulfilling this order, stakeholders will be keenly watching for any further developments in the company's international business strategy.

The management of Kranti Industries Limited is expected to provide more details about this new order and its potential impact on the company's future growth during their upcoming investor communications.

Kranti Industries Limited has reported a significant turnaround in its financial performance for the first quarter, alongside key board appointments and corporate governance updates.

Financial Performance

Kranti Industries posted impressive results on both standalone and consolidated bases:

Standalone Performance

Consolidated Performance

All figures in Rs. lakh

The company's financial results demonstrate a robust recovery and growth trajectory compared to the previous year.

Board Appointments and Corporate Governance

The Board of Directors approved several key appointments and reappointments:

1. Reappointment of Independent Director: Mr. Satchidanand Arun Ranade has been reappointed as an Independent Director for a second term of five years, from April 6, 2026, to April 5, 2031, subject to shareholder approval.

2. New Independent Directors:

   • Mr. Vijay Shamrao Bodhankar and Mr. Rajasatyen Mohan Pardeshi have been appointed as Additional Directors (Independent, Non-Executive), effective August 13, 2025, for a term of five years, subject to shareholder approval.

3. Secretarial Auditor: M/s. H. J. Patel & Co., Peer Reviewed Company Secretaries from Pune, have been appointed as the Secretarial Auditors for a term of five consecutive years, starting from the financial year 2025-26.

Corporate Updates

• The company has scheduled its 30th Annual General Meeting, with the book closure period set from September 6-12, 2025.
• The Board has approved amendments to the company's "Code of Conduct for Prohibition of Insider Trading" and "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)".

Looking Ahead

With these financial improvements and governance enhancements, Kranti Industries appears well-positioned for continued growth. The appointment of experienced professionals to the Board and the positive financial results indicate a strong start to the fiscal year for the company.

Investors and stakeholders will be keenly watching how these developments translate into long-term value creation for Kranti Industries.