Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant amendments thereto from time to time, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kranti Industries Ltd has received approval from Bonfiglioli Transmission Private Limited, a global leader in gearmotors and drive systems, to begin commercial production of heavy-duty gearbox housings. The samples submitted in April 2025 were cleared on a First Time Right basis, meaning they passed quality checks on the first attempt without rework. The annual order is valued at approximately ₹6.84 crore and represents a new product category for Kranti. The Pune-based company, which has over four decades of experience in precision components, will now scale production in line with Bonfiglioli's demand forecasts.
This is a positive development for shareholders as it marks Kranti's entry into a higher-value, complex product segment and strengthens its partnership with a globally recognised OEM. The ₹6.84 crore annual order adds a new recurring revenue stream, though investors should note this is a relatively modest order size compared to the company's overall scale. The First Time Right approval also validates Kranti's manufacturing capabilities and quality systems, which could support future business from global OEMs.