Kranti Industries has received approval from the Ministry of Corporate Affairs for the incorporation of a New Company in the form of Joint Venture under the name of Krako Precision (KPPL) on October 22, 2025. The KPPL will be incorporated as a joint venture of the company to carry on the business of Machining of Critical Casting Components.
Further, pursuant to the Memorandum of Understanding, the company will be investing a total sum of Rs 87.50 lakh, representing a 35% equity stake in the paid-up share capital of KPPL. Accordingly, KPPL will become an Associate Company of the Company.
Kranti Industries 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.
