Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, the Company has executed ....
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Kranti Industries has signed an MoU with Universal Autofoundry Limited (UFL) to lease and operate UFL's machine shop facility at Sargoth, Sikar District, Rajasthan. UFL will consolidate its two existing machine shop locations into one (Unit 3), and Kranti will manage this facility to machine casting components exclusively for UFL. The arrangement runs for 7 years starting January 1, 2026, with a 3-year lock-in period. No equity is involved, there are no special rights like board appointments, and no promoter or related party has any interest in the deal.
This long-term operational partnership expands Kranti's machining capacity and strengthens its presence in North India without major capital outlay, potentially adding a steady revenue stream from contract machining. It signals strategic growth via operational collaboration rather than acquisition or equity investment.