Pursuant to Regulation 30 under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, the Board of Directors of the Company at their ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.9 pts less than Nifty Microcap 250 and 8.5 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kranti Industries' board, at its meeting on March 25, 2026, approved the disinvestment of up to 10,00,000 equity shares of Rs. 10 each in Preciso Metall Private Limited, a subsidiary of the company. This represents 15.22% of Preciso Metall's paid-up share capital. The board meeting ran from 12:30 PM to 1:30 PM IST. The filing does not mention the buyer, the sale price, or the expected value of the transaction.
Kranti Industries is partially trimming its stake in subsidiary Preciso Metall, which could bring in cash but also reduce its control over the subsidiary's operations and future earnings. Shareholders should wait for further details on valuation, the buyer, and what the company plans to do with the proceeds.