PFA

Kalyani Cast-Tech Ltd has signed a Memorandum of Understanding with Innovation Thru Energy Co. Ltd. (ITE), a Japanese company, on 11th February 2026. The two companies will form a joint alliance to develop, manufacture, sell, and market ISO IceBattery Refer Containers for both domestic and global markets. ITE holds patented IceBattery refrigeration technology, which gives KCT access to a differentiated product line. The filing explicitly states there is no shareholding exchange, no special rights, and the parties are not related to the promoter group, making it a pure partnership/alliance deal. KCT expects this collaboration to expand its product offerings and strengthen its position in the refer container segment.