Kranti Industries has received a notice from State Bank of India regarding a corporate guarantee provided for its associate, Preciso Metall Private Limited.

Preciso Metall defaulted on its credit facilities, leading SBI to demand payment of ₹2.27 crore.

Kranti Industries is reviewing the notice and evaluating available legal remedies.

The company stated there is no immediate material financial impact on its operations.

This development highlights potential future financial liability for Kranti Industries stemming from its associate's debt.