Kranti Industries Limited has secured 12 purchase orders worth approximately ₹47 lakh from Armoured Vehicles Nigam Limited Machine Tool Prototype Factory (AVNL MTPF), marking the company's strategic debut in the Defence manufacturing segment. This milestone strengthens its foothold in high-value precision engineering and public sector ecosystems.
Strategic Defence Breakthrough
Kranti Industries Limited has announced receipt of 12 purchase orders from a Defence Public Sector Undertaking, Armoured Vehicles Nigam Limited Machine Tool Prototype Factory (AVNL MTPF), under the Ministry of Defence. These contracts, valued around ₹47 lakh, signify Kranti's significant entry into the Defence manufacturing arena with machining precision components tailored for Defence applications. The company sees this as a pivotal step in its diversification roadmap into high-margin, critical precision engineering sectors.
Business and Compliance
Orders are domestic, with execution expected within three months, underlining swift operational mobilization. Kranti confirms no related-party conflict and assures compliance with all regulatory requirements under SEBI Listing Obligations. This venture promises to bolster Kranti’s market positioning and long-term growth in Defence and Public Sector ecosystems.
Key Highlights:
12 Purchase Orders from AVNL MTPF (Defence PSU under Ministry of Defence).
Order value approximately ₹47 lakh for precision machining in Defence.
Execution timeframe stipulated as three months.
Marks Kranti's maiden Defence manufacturing opportunity, emphasizing diversification.
Compliance with SEBI Listing obligations and no promoter conflicts confirmed.
Sources: Kranti Industries Limited official disclosure to BSE under SEBI LODR Regulations