In Compliance with Regulation 30 of SEBI LODR Regulations, 2015, please find attached intimation with respect to receipt of order/contract by Wholly owned subsidiary of the Company.
COCKERILL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
John Cockerill India Ltd (JCIL), along with its wholly owned subsidiary John Cockerill Metal International SA (JCMI), has secured a contract from JSW Vijayanagar Metallics Limited for design, engineering, supply, and commissioning of two Annealing & Coating Lines (ACL 1 & ACL 2) and one Annealing & Pickling Line (APL) for the CRNO Project. The aggregate contract value is approximately INR 1,250–1,300 Crores, with JCIL's direct share at around INR 550 Crores, JCMI's share at EUR 30–35 Million, and a consortium portion of about INR 400 Crores. The project is to be executed within 36 months from May 2026. The order is domestic, with no related party interest involved.
This is a sizable, multi-year order that significantly boosts JCIL's order book and provides strong revenue visibility for the next three years, likely to be materially positive for earnings. The hard-currency (EUR) billing for the subsidiary's portion also provides a natural hedge against rupee depreciation.