Kranti Industries Ltd. Executes Share Purchase Agreement for Preciso Metall Private Limited

Kranti Industries Ltd. Executes Share Purchase Agreement for Preciso Metall Private Limited​

Kranti Industries Ltd. announced on March 27, 2026, that it entered into a Share Purchase Agreement with Mr. Sunil Rameshlal Gadiya and Mr. Kunal Vijay Vora for the off-market transfer of shares in Preciso Metall Private Limited (PMPL), a subsidiary of the company.

The Board of Directors of Kranti Industries Ltd. approved the proposal on March 25, 2026, to disinvest up to 10,00,000 equity shares, representing 15.22% of the paid-up share capital of PMPL. The Seller, Kranti Industries Ltd., transferred 4,00,000 equity shares to each purchaser at an issue price of ₹10 per share, representing 6.09% equity stake in PMPL.

Details of Agreements:

Agreement with Mr. Sunil Rameshlal Gadiya:

• Mr. Gadiya holds 3555 equity shares representing 0.0279% stake in Kranti Industries Limited.
• No special rights were executed as part of the agreement.
• Neither party is related to the promoter/promoter group/group companies.
• The transaction does not constitute a related party transaction.

Agreement with Mr. Kunal Vijay Vora:

• Mr. Vora holds 725 equity shares representing 0.0057% stake in Kranti Industries Limited.
• No special rights were executed as part of the agreement.
• Neither party is related to the promoter/promoter group/group companies.
• The transaction does not constitute a related party transaction.

The share class is Equity Shares of Preciso Metall Private Limited, with an issue price of ₹10 per share. No other disclosures related to the agreements are applicable.

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