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Investment25 Mar 2026, 04:14 pm

Kranti Industries to Disinvest 15.22% Stake in Subsidiary Preciso Metall

AI Summary

Kranti Industries Ltd. has announced its decision to disinvest up to 10,00,000 equity shares of ₹10/- each, representing 15.22% of the paid-up share capital of Preciso Metall Private Limited, its subsidiary. This disinvestment will result in Preciso Metall Private Limited ceasing to be a subsidiary of Kranti Industries. The decision was made at a Board of Directors meeting held on March 25, 2026. Preciso Metall Private Limited contributed 9.40% of the consolidated turnover and 4.58% of the consolidated net worth of Kranti Industries in the last financial year.

Key Highlights

  • Kranti Industries to disinvest 15.22% stake in Preciso Metall Private Limited
  • Preciso Metall Private Limited is a subsidiary of Kranti Industries
  • Preciso Metall Private Limited will cease to be a subsidiary post disinvestment
  • Preciso Metall Private Limited contributed 9.40% of the consolidated turnover in the last financial year
  • Preciso Metall Private Limited contributed 4.58% of the consolidated net worth in the last financial year
KRANTI
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Kranti Industries Ltd

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