Deals25 Mar 2026, 01:45 pm
Kranti Industries to Disinvest 15.22% Stake in Subsidiary Preciso Metall
AI Summary
Pursuant to Regulation 30 under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kranti Industries Ltd. announced the disinvestment of equity stakes up to 10,00,000 equity shares of Rs. 10/- each, representing 15.22% of the paid-up share capital of Preciso Metall Private Limited, a subsidiary company. The decision was made at the Board of Directors meeting held on Wednesday, March 25, 2026, from 12:30 PM to 01:30 PM (IST).
Key Highlights
- Kranti Industries to disinvest 15.22% stake in subsidiary Preciso Metall
- The disinvestment involves up to 10,00,000 equity shares of Rs. 10/- each
- Preciso Metall is a subsidiary company of Kranti Industries Ltd.
- The decision was made at the Board of Directors meeting on March 25, 2026