Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has received Purchase order (Sample Order) ....
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Kranti Industries has received a sample purchase order from Bonfiglioli Transmission Private Limited, a domestic customer, for the development of Industrial Machine Parts, specifically Heavy Duty Gearboxes. This marks the company's entry into a new product segment. The expected annual business from this engagement is approximately INR 6.84 Crores. The order is described as a sample order, and execution timelines are as per the proposed purchase order. There is no promoter or related party interest in the awarding entity.
This is a positive development as it opens a new product vertical (heavy duty gearboxes) with a reputed industrial customer. However, since it is a sample order with no confirmed execution timeline, investors should view it as early-stage business development rather than confirmed revenue, and watch for conversion into full-scale orders.