Kranti Industries Ltd — Updates, 19-04-2025: Company Update

Kranti Industries has acquired an additional 7,31,461 equity shares, increasing its stake in Preciso Metall Private Limited to 59.84%. This acquisition stems from a rights issue and positions Kranti more prominently within the shell moulding and casting sector, aligning with its growth strategy. The total investment amounts to ₹73,14,610 at a price of ₹10 per share. This move could enhance Kranti's operational control over PMPL and potentially boost investor sentiment by signaling confidence in PMPL’s growth trajectory, given its recent turnover improvement.