In terms of Regulation-30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , we wish to inform you that the Company Kranti Industries Limited ( herein after referred as 'KIL') has signed a Memorandum of Understanding with our customer named as Brembo Brake India Private Limited ( herein after referred as 'BBIPL') on 29th October, 2020. As per the MOU the 'BBIPL' has confirmed the business with the company ('KIL') for the period starting 01-12-2020 until 31-12-2021. Kindly take the same on your record. Thanking you.