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.

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.