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, ....
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Shivam Pipes, a 51% subsidiary of KD Green Industries Ltd, has secured orders worth ₹9.08 crores for supplying Galvanized Steel Tubular Electric Poles to north eastern state electricity boards. The orders are issued under the Revamped Distribution Sector Scheme (RDSS), a government power infrastructure program, with a delivery timeline of 1 to 4 months. Shivam Pipes is already a registered and approved vendor with multiple NE state electricity boards and government utilities. The parent company manufactures AAC blocks, pipes and poles under 'XTech' brand, and has an annual capacity of 36,000 MT. The management highlighted strong positioning for future growth given continued government focus on rural electrification and grid strengthening in the North East.
A ₹9.08 crore contract win through a government scheme represents a meaningful revenue opportunity for the subsidiary; if the parent company's revenue is below ₹180 crore, this order exceeds 5% of annual revenue, which could be incrementally positive for near-term revenue visibility.