Kranti Industries Board Approves Disinvestment of 15.22% Stake in Subsidiary

Kranti Industries Limited has successfully concluded its board meeting held on March 25, 2026, with the approval of a significant disinvestment decision regarding its subsidiary company. The board meeting resulted in formal approval for the disinvestment of equity stakes in Preciso Metall Private Limited, with the company fulfilling its regulatory disclosure obligations under SEBI regulations.

Board Meeting Outcome and Regulatory Filing

The board of directors formally approved the disinvestment of equity stakes in its subsidiary during the meeting conducted at the company's registered office in Pune. Following the board approval, the company submitted a detailed intimation to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing was digitally signed by Sampada Shekhar Barsawade, Company Secretary and Compliance Officer.

Meeting Details: Information Date: March 25, 2026 Start Time: 12:30 PM (IST) End Time: 01:30 PM (IST) Venue: Registered Office, Pune Key Approval: Subsidiary stake disinvestment

Disinvestment Structure and Impact

The board has approved the disinvestment of up to 10,00,000 equity shares of Rs. 10 each in Preciso Metall Private Limited. This disinvestment represents 15.22% of the paid-up share capital of the subsidiary company. Upon completion of this disinvestment, Preciso Metall Private Limited will cease to be a subsidiary of Kranti Industries Limited.

Disinvestment Parameters: Details Number of Shares: 10,00,000 Face Value per Share: Rs. 10 Ownership Percentage: 15.22% Subsidiary Company: Preciso Metall Private Limited Post-Disinvestment Status: Will cease to be subsidiary

Subsidiary Financial Contribution

According to the regulatory disclosure, Preciso Metall Private Limited contributed significantly to the consolidated operations. The subsidiary is classified as a non-material subsidiary of the company, yet maintains a notable operational presence within the group structure.

Financial Contribution: Amount (Rs. in Lakhs) Percentage Turnover (As on March 31, 2025): 737.92 9.40% of Consolidated Turnover

Implementation and Future Updates

The board has authorized the Investment Committee to decide on various implementation aspects including the sale agreement date, completion timeline, consideration amount, and buyer details. The company has indicated that further details regarding the transaction structure, buyer information, and related party transaction aspects will be updated in due course as the disinvestment process progresses.

This strategic disinvestment decision reflects the company's approach to portfolio optimization and capital allocation, marking a significant change in the corporate structure between Kranti Industries Limited and its subsidiary operations.

Kranti Industries Limited has disclosed significant promoter shareholding changes through inter-se transfer of equity shares under SEBI regulatory framework. The company filed comprehensive disclosures on March 21, 2026, detailing transactions executed on March 19, 2026, involving three key promoters under both insider trading and takeover regulations.

Regulatory Compliance Framework

The transactions were disclosed under dual regulatory requirements - Regulation 7(2) read with Regulation 6(2) of SEBI Prohibition of Insider Trading Regulations, 2015, and Regulation 29(2) of SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. Company Secretary and Compliance Officer Sampada Shekhar Barsawade digitally signed all regulatory filings on March 21, 2026.

Share Transfer Details

The inter-se transfer involved redistribution of 4,00,000 equity shares from Smt. Indubala Subhash Vora to two other promoters through off-market gift transactions. Mr. Sachin Subhash Vora and Mr. Sumit Subhash Vora each acquired 2,00,000 equity shares from Smt. Indubala Subhash Vora by way of gift.

Transaction Details: Particulars Transfer Date: March 19, 2026 Total Shares Transferred: 4,00,000 equity shares Transfer Mode: Off-market inter-se gift Transferor: Smt. Indubala Subhash Vora Beneficiaries: Mr. Sachin Subhash Vora & Mr. Sumit Subhash Vora

Individual Shareholding Changes

Smt. Indubala Subhash Vora (Non-Executive Director)

Transferred 4,00,000 equity shares as gifts, reducing her shareholding from 24,42,165 shares (19.14%) to 20,42,165 shares (16.00%). The transfer was executed through off-market transactions with a total value of ₹2,11,12,000.

Mr. Sachin Subhash Vora (Managing Director)

Received 2,00,000 shares as gift worth ₹1,05,56,000 and separately purchased 587 shares through market transactions valued at ₹37,939.21. His total shareholding increased from 19,62,354 shares (15.38%) to 21,62,941 shares (16.95%).

Mr. Sumit Subhash Vora (Whole Time Director)

Received 2,00,000 equity shares as gift valued at ₹1,05,56,000 through off-market transfer. His shareholding increased from 18,56,237 shares (14.55%) to 20,56,237 shares (16.11%).

Shareholding Summary

Promoter Name: Before Transfer After Transfer Change Indubala Subhash Vora: 24,42,165 (19.14%) 20,42,165 (16.00%) -4,00,000 Sachin Subhash Vora: 19,62,354 (15.38%) 21,62,941 (16.95%) +2,00,587 Sumit Subhash Vora: 18,56,237 (14.55%) 20,56,237 (16.11%) +2,00,000 Total Promoter Group: 62,60,756 (49.07%) 62,61,343 (49.07%) +587

Company Structure

Kranti Industries Limited trades on BSE Limited under scrip code 542459 and symbol KRANTI. The company's equity share capital comprises 1,27,60,400 equity shares of ₹10 each, with total diluted share capital of 1,30,10,400 equity shares. The promoter group collectively holds approximately 49.07% of the company's voting capital after the transactions.

The combined transaction value reached ₹4,22,61,939.21, representing significant internal restructuring of promoter holdings while maintaining overall group control. All promoters retained their respective management positions following the shareholding adjustments.

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