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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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.