In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Listing Regulations"), we wish to inform you ....
COCKERILL · price
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Awaiting price reaction for this filing.
John Cockerill India has been awarded a contract by JSW JFE Electrical Steel Nashik Private Limited for engineering, design, manufacture and supply of equipment for Tunnel furnaces, along with supervision of erection and commissioning. The contract is valued at around INR 270 crores and is to be executed by May 2027. The order has been placed by a domestic entity, and there is no related party interest involved — neither the promoter group nor the company has any stake in the awarding party. The work will be carried out at the client's Nashik location and includes delivery of all critical components such as coil handling arrangement, with performance guarantees tied to commissioning.
This is a sizeable new order that adds meaningfully to John Cockerill India's order book and provides revenue visibility through to mid-2027. For a mid-sized industrial company, an INR 270 crore domestic order from a major group like JSW is a positive business signal, though the stock reaction will depend on how this compares to existing order book size and margins on tunnel furnace contracts.