KD Green subsidiary Shivam Pipes secures Rs 7.79 cr pole order under RDSS
MANBRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shivam Pipe Industries, a 51 percent subsidiary of KD Green Industries, has won an order worth about Rs 7.79 crores to supply GI Steel Tubular Poles to Star Infratech. The order is under the central government Revamped Distribution Sector Scheme, routed through a contractor executing power distribution work for Meghalaya Power Distribution Corporation, a state utility. Delivery is targeted for September 2026. Shivam Pipes supplies poles under the brand Xtech and is already a registered vendor with multiple electricity utilities across North Eastern states under the same scheme.
Positive for subsidiary order pipeline; reinforces its position as a registered RDSS vendor. Order size is modest relative to typical micro-cap operations.