Kranti Industries has completed the acquisition of 55% Equity Shares i.e. 31,98,205 number Equity Shares of Rs 10 each of the Preciso Metall on April 11, 2023. With this, Preciso Metall became a subsidiary Company of Kranti Industries. The objective of acquisition is to expand in new line of business by exploring resources, and to access new market opportunities by establishing a strategic partnerships or alliances with Preciso Metall in area of shell, moulding, casting and other allied sector.
Kranti Industries is engaged in the business of manufacturing and supplying of precision machined components.
