Announced Mon, 11 May · 18:36 IST

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release dated 11th May, 2026, ....

Order Above 5pct RevenueBusiness Updates View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹76.89
prior close
₹73.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.7-5.2-5.8-8.6-3.6-9.0-17.0-7.5-34.3
Up moveDown movePending
AI summary

Shivam Pipes, a 51% subsidiary of KD Green Industries (BSE scrip 512595), has secured orders totalling ₹9.08 crores for the supply of Galvanized Steel Tubular Electric Poles to north eastern state electricity boards. The orders are awarded under the government-backed Revamped Distribution Sector Scheme (RDSS) with delivery timelines of 1 to 4 months. Shivam Pipes supplies under the 'XTech' brand and is an already registered vendor with multiple NE state electricity utilities, PWD, and BSNL. The parent company manufactures AAC blocks, pipes, poles, and is setting up steel fabrication for infrastructure.

Likely market impact

The ₹9.08 crore order win reinforces the subsidiary's vendor status with government electricity utilities and positions the group for continued order flow under the RDSS scheme in the high-growth north eastern power infrastructure corridor.