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Incorporated in 1983, Kriti Industries Ltd manufactures premium quality piping products and solutions, accessories, gas pipe, telecom ducts, submersible pipes and casing pipes
Kriti Industries announced its quarterly financial results, following board approval of standalone and consolidated performance. The Group reported a net loss share of 0.057 Cr from an associate company.
Kriti Industries' Board approved merging its wholly-owned subsidiary, Kriti Auto & Engineering Plastics, which had ceased operations and a net worth of 9.74 Cr. This move aims to simplify group structure, cut costs, and improve efficiency.
Kriti Industries' shareholders approved updates to the company's foundational operating rules and objectives, streamlining its internal framework for future business developments.
Kriti Industries shareholders approved amending company documents to expand into power generation. This includes developing, distributing, and selling electricity from conventional and non-conventional sources, marking a new business direction.
KRITI INDUSTRIES sets stage for its 35th Annual General Meeting (AGM). This is a key corporate event where shareholders can cast votes on vital company matters and engage with management. Details for remote e-voting and book closure have been released. Important for investor oversight and charting the future course.