Kranti Industries Revamps Board Committees, Establishes New Investment Committee

1 min read     Updated on 05 Nov 2025, 07:42 AM
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Reviewed by
Radhika SScanX News Team
Overview

Kranti Industries Limited has announced significant changes to its board committees, effective November 4, 2025. The company has reconstituted its Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee, while also forming a new Investment Committee. Non-executive independent directors have been appointed as chairmen of all committees. The restructuring includes a mix of non-executive independent directors and one executive director across the committees. These changes aim to enhance corporate governance and strategic decision-making within the organization, aligning with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Kranti Industries Limited has announced significant changes to its board committees, effective November 4, 2025. The company has reconstituted its Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee, while also forming a new Investment Committee. These changes, approved by the board of directors, aim to enhance corporate governance and strategic decision-making within the organization.

Committee Restructuring

The reconstitution of the committees involves the appointment of non-executive independent directors to key positions. Here's a breakdown of the new committee structures:

Committee Chairman Members
Audit Committee Mr. Satchidanand Arun Ranade Mr. Sachin Subhash Vora, Mr. Vijay Shamrao Bodhankar, Mr. Rajasatyen Mohan Pardeshi
Nomination & Remuneration Committee Mr. Vijay Shamrao Bodhankar Mr. Satchidanand Arun Ranade, Mr. Rajasatyen Mohan Pardeshi
Stakeholders Relationship Committee Mr. Rajasatyen Mohan Pardeshi Mr. Sachin Subhash Vora, Mr. Vijay Shamrao Bodhankar, Mr. Satchidanand Arun Ranade
Investment Committee Mr. Satchidanand Arun Ranade Mr. Vijay Shamrao Bodhankar, Mr. Rajasatyen Mohan Pardeshi, Mr. Sachin Subhash Vora

Key Points of the Restructuring

  1. Leadership Roles: Non-executive independent directors have been appointed as chairmen of all committees, potentially enhancing oversight and independence.

  2. Diverse Expertise: The committees include a mix of non-executive independent directors and one executive director, Mr. Sachin Subhash Vora, potentially bringing a balance of external perspective and internal knowledge.

  3. New Investment Committee: The formation of this committee suggests a focused approach to the company's investment strategies and decisions.

  4. Compliance with Regulations: The restructuring aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulations 18, 19, and 20.

Implications for Stakeholders

These changes in committee composition may signal Kranti Industries' commitment to strengthening its corporate governance framework. The inclusion of independent directors in key positions could potentially lead to more balanced decision-making and improved stakeholder trust.

The establishment of the Investment Committee, in particular, might indicate the company's intent to more strategically manage its investments, which could be of interest to shareholders and potential investors.

As these changes take effect, stakeholders may want to monitor how the new committee structures influence the company's decision-making processes and overall corporate governance in the coming months.

Historical Stock Returns for Kranti Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%-1.95%-1.10%-25.33%+11.66%+569.36%
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Kranti Industries and Universal Autofoundry Forge Strategic Manufacturing Alliance in Rajasthan

1 min read     Updated on 27 Oct 2025, 01:32 PM
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Reviewed by
Shriram SScanX News Team
Overview

Kranti Industries Limited and Universal Autofoundry Limited have signed an MoU for a long-term machining alliance in Rajasthan. The partnership, set to commence on January 1, 2026, will last for 7 years with a 3-year lock-in period. Kranti will operate and manage a consolidated machine-shop facility for UFL's casting components at Sargoth, Dist. Sikar, Rajasthan. This collaboration aims to create an integrated manufacturing ecosystem for the automotive and engineering sectors, combining UFL's foundry operations with Kranti's precision machining capabilities. The alliance marks Kranti's expansion into Northern India and is expected to enhance productivity, quality, and operational efficiency while better supporting OEMs and Tier-1 suppliers.

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*this image is generated using AI for illustrative purposes only.

Kranti Industries Limited has announced a strategic partnership with Universal Autofoundry Limited to establish a long-term machining alliance in Rajasthan. This collaboration aims to create an integrated manufacturing ecosystem for the automotive and engineering sectors, combining Universal Autofoundry's foundry operations with Kranti's precision machining capabilities.

Key Details of the Partnership

Aspect Description
Agreement Type Memorandum of Understanding (MoU)
Location Sargoth, Dist. Sikar, Rajasthan
Commencement Date January 1, 2026
Duration 7 years (including a 3-year lock-in period)
Operational Model UFL to lease machining premises and equipment to Kranti
Scope Kranti to operate and manage consolidated machine-shop facility for UFL's casting components

Strategic Implications

  1. Geographical Expansion: This partnership marks Kranti's entry into Northern India, extending its footprint beyond Western India.

  2. Integrated Manufacturing: The alliance aims to enhance productivity, quality, and operational efficiency by combining UFL's foundry expertise with Kranti's machining capabilities.

  3. Market Support: The collaboration is expected to better support OEMs and Tier-1 suppliers in the automotive and engineering sectors.

  4. Operational Synergy: By consolidating UFL's two separate machine shops at their Unit 3 plant in Sargoth, the partnership seeks to streamline operations and improve efficiency.

Management Perspectives

Mr. Sachin Subhash Vora, Chairman & Managing Director of Kranti Industries, commented on the collaboration: "This partnership with Universal Autofoundry Limited is a significant step in Kranti's growth strategy. It strengthens our presence in Northern India while complementing our machining capabilities in the West. We aim to create an integrated platform that enhances quality, efficiency, and customer service, aligning with our Vision 2030 to become a globally recognized solutions provider."

Mr. Vimal Chand Jain, Managing Director of Universal Autofoundry Limited, added: "By integrating UFL's casting capabilities with Kranti's machining expertise, we will build a coordinated manufacturing ecosystem that supports scalable growth, strengthens competitiveness, fosters innovation, and optimizes resources."

Conclusion

This strategic alliance between Kranti Industries and Universal Autofoundry represents a significant development in India's manufacturing sector. By leveraging their respective strengths in precision machining and foundry operations, the partnership aims to create a more efficient, integrated, and competitive manufacturing ecosystem. As the collaboration unfolds, it will be interesting to observe its impact on both companies' market positions and the broader automotive and engineering supply chains in India.

Historical Stock Returns for Kranti Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%-1.95%-1.10%-25.33%+11.66%+569.36%
Kranti Industries
View in Depthredirect
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