The Board of Directors have approved today i.e. 22nd December, 2025 execution of Binding Term Sheet between Kilburn Engineering Ltd and East End Technologies Private Limited to incorporate ....
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Kilburn Engineering's board approved a binding term sheet on December 22, 2025 to set up a joint venture with East End Technologies Private Limited (EETPL). The JV will focus on piping fabrication and erection, structural fabrication and erection, and pre-commissioning support for mechanical works, mainly serving oil & gas, fertilizers, petrochemicals, and steel projects in India. Kilburn will hold 60% and EETPL 40%, making the JV a subsidiary of Kilburn. The initial cash investment is just Rs 6 lakhs, the deal is not a related-party transaction, and definitive agreements are to be executed within 90 days.
The JV directly extends Kilburn's core engineering capabilities into project execution areas and widens its footprint in industrial sectors, with the JV's financials likely to be consolidated into Kilburn's books. The tiny Rs 6 lakh initial outlay means financial risk is minimal at this stage, while upside depends on the scale of projects the JV eventually wins.