Pursuant to Regulation 30 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation with the earlier intimation dated ....
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Awaiting price reaction for this filing.
Kranti Industries has received approval and clearance from Pinnacle Mobility Solutions Private Limited (Eka Mobility), a domestic customer, to commence series production (Job Work) of EV components for 3-wheel commercial vehicles. The estimated annual business from this engagement is approximately ₹2.00 crore. This is a continuation of an earlier intimation dated July 24, 2025, suggesting the company has now crossed a milestone in product development and qualification. The promoter/promoter group has no interest in the awarding entity, and this is not a related party transaction.
This is a relatively small order (~₹2 crore annually) but represents entry into the EV commercial vehicle component supply chain via a recognized player (Eka Mobility). For retail investors, this is a modest positive signal of business diversification into EVs, though the size is unlikely to materially move the stock.