Announced Tue, 26 May · 16:43 IST

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release dated 26th May, 2026, ....

Order Pipeline DisclosedInvestor Communications View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹68.50
prior close
₹68.01
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+1.5+1.3+0.2+2.9-0.6-4.0-6.9-3.8-9.5-18.2-18.5-25.2
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AI summary

KD Green Industries' 51% subsidiary Shivam Pipes has secured a single order worth ₹9.06 crores for supplying Galvanized Steel Tubular Electric Poles to Meghalaya Power Distribution Corporation Ltd (MePDCL). The order is under the Revamped Distribution Sector Scheme (RDSS) with delivery expected by end of June 2026. Shivam Pipes manufactures these poles under the 'XTech' brand and already has vendor registrations with multiple electricity utilities across North Eastern states. The subsidiary has a current manufacturing capacity of 36,000 MT per annum. KD Green Industries (formerly Manbro Industries) is listed on BSE with scrip code 512595 and is part of KD Group, which is engaged in AAC blocks, pipes, poles, and steel fabrication businesses.

Likely market impact

This order win validates Shivam Pipes' vendor credentials with government power utilities and supports near-term revenue visibility for the subsidiary. The order size of ₹9.06 crore is modest relative to the company's scale, but positive for shareholder sentiment given the growing North East power infrastructure opportunity.