Shivam Pipe Industries secures orders worth Rs. 4.40 crores

Shivam Pipe Industries, a 51% subsidiary of KD Green Industries Limited (earlier known as Manbro Industries Limited), has recently secured orders aggregating to ₹ 4.40 crores (approx.) for the supply of Galvanized Steel Tubular Electric Poles to Meghalaya Power Distribution Corporation Ltd. (MePDCL). This order has been received under Revamped Distribution Sector Scheme ('RDSSʼ) with a delivery on immediate basis.

The order has been awarded through contractor executing power distribution for Meghalaya Power Distribution Corporation Ltd. (MePDCL). Shivam Pipes is already a registered vendor with multiple electricity utilities across North Eastern states including under RDSS, for supply of its Galvanized Steel Tubular Electric Poles under the brand name 'Xtechʼ.

Source : Equity Bulls

Keywords

KDGreenIndustries ShivamPipeIndustries OrderWin