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Kranti Industries enters into leave and license agreement for Pune premises

14 Dec 2020 Evaluate

Kranti Industries has entered into Leave and License Agreement dated December 12, 2020 for the period of 24 months with effect from January 1, 2021 in respect to premises situated Gat no 411, Plot no 41, Industrial area, Urawade situated within the limits of Tehsil Mulshi, District Pune. The said property is admeasuring of built up area of 980.10 sq mtr will be utilised as on additional manufacturing facility. The company has acquired all the installed production machines in the said facility and will be commencing the manufacturing operations with effect from January 1, 2021.

The company is engaged in the business of manufacturing and supplying of precision machined components. With an operating history of more than two decades, it is primarily known for range of automotive component and non-automotive (off highway) components.

Peers
Company Name CMP
SamvardhanaMotherson 159.50
Tube Investments 2420.15
Bosch 45564.80
UNO Minda 1161.40
Bombay Burmah Trdg. 1356.15
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