Strategic acquisition - KRN Heat Exchanger and Refrigeration Ltd

Code BSE: 544263 NSE:

KRN HVAC Acquires SRSPL’s Bus Air-Conditioning Division - Strategic acquisition strengthens KRN’s presence in the automotive HVAC segment and aligns with its long-term growth roadmap Under this agreement, KRN HVAC will take over all operations, assets, and employees associated with SRSPL’s Bus Air-Conditioning business. Upon completion, the division will be fully integrated into KRN HVAC’s operations, expanding the company’s product portfolio across the transport and mobility cooling segment and contributing to the company’s growth in revenue, profitability, and market reach in the coming years.