Kranti Industries has received the purchase order (PO) for Production of Beam Trumpet to Carraro Drive tech Italia SPA. The order is to be executed within 2 months. The broad consideration or size of the order is 55,673.28 Euro.
Earlier, the company had 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.
Kranti Industries is engaged in the business of manufacturing and supplying of precision machined components.