BSECompany Update1d ago · 4 Sept 2026, 04:23 pm

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received a Notice ....

Kranti Industries Ltd · 542459

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Kranti Industries Ltd has received a notice from State Bank of India (SBI) regarding a corporate guarantee provided for credit facilities availed by Preciso Metall Private Limited, an associate company. The notice pertains to a non-performing asset and the company is reviewing the contents and evaluating the appropriate course of action.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Kranti Industries Ltd - 542459 - Receipt Of Notice From State Bank Of India (SBI) Regarding Corporate Guarantee Provided In Respect Of Credit Facility Availed By Preciso Metall Private Limited, An Associate Company Of The Company.

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Date: September 04, 2026 The Manager, BSE Limited. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 Scrip Code: 542459 Scrip Symbol: KRANTI Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of Notice from State Bank of India (SBI) regarding Corporate Guarantee Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that Kranti Industries Limited (“the Company”) has received a notice from the State Bank of India (“SBI”) under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (“SARFAESI Act”). The notice pertains to a Corporate Guarantee provided by the Company in respect of the credit facilities availed by Preciso Metall Private Limited, an Associate Company of the Company. The Company is currently reviewing the contents of the notice and evaluating the appropriate course of action, including the legal remedies available to it. The Company will keep the Stock Exchange informed of any further material developments in this regard. Further, the details as required under Regulation 30 read with Part A of Schedule III of the SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, as amended, are enclosed as Annexure I to this letter. Kindly take the same on your record. Thank You. For and on behalf of KRANTI INDUSTRIES LIMITED SAMPADA SHEKHAR BARSAWADE Company Secretary & Compliance Officer ANNEXURE I Disclosure required under SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are as under: Details of events that Sr No Information of such event need to be provided Name of the entity 1. State Bank of India (SBI) awarding the notice Name of the Associate 2. Preciso Metall Private Limited Company Corporate Guarantee provided against 3. Nature of the Guarantee credit facilities availed by Associate Company. ₹2,27,23,173.02/- (Rupees Two Crore Twenty- Amount Seven Lakh Twenty-Three Thousand One 4. involved/claimed in the Hundred Seventy-Three and Two Paise notice Only), to be discharged within 60 days from the date of notice. Default in repayment of loan instalments by the Associate Company and the 5. Reason for the notice operations and conduct of credit facilities have become irregular and the debt has been classified as non-performing assets. The Company is assessing the legal validity of the notice and exploring necessary legal 6. Impact on the Company remedies. Currently, there is no immediate material financial impact on the operations of the Company.