East India Drums & Barrels Secures Rs. 1.06 Crore Contract from BPCL for Metallic Drums Supply

1 min read     Updated on 06 Apr 2026, 04:33 PM
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AI Summary

East India Drums & Barrels Manufacturing Limited has secured a Rs. 1,06,00,000 contract from Bharat Petroleum Corporation Limited for supplying metallic drums and barrels to Mumbai Refinery, Mahul. The company highlighted that this order strengthens its relationship with BPCL and reinforces its position as a trusted supplier in India's energy infrastructure sector.

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East india drums & barrels mfg. has announced securing a significant contract from Bharat Petroleum Corporation Limited (BPCL) for the supply of metallic drums and barrels. The company received a Letter of Acceptance from BPCL's Petroleum House, marking another milestone in its business relationship with the state-owned oil refiner.

Contract Details

The contract encompasses the supply of metallic drums and barrels to BPCL's operations, with specific delivery requirements outlined for the Mumbai Refinery facility.

Parameter: Details
Contract Value: Rs. 1,06,00,000 (Rupees One Crore Six Lakh only)
Client: Bharat Petroleum Corporation Limited
Delivery Location: Mumbai Refinery, Mahul, India
Product Type: Metallic drums/barrels

Strategic Significance

The company emphasized that this contract award holds strategic importance for multiple reasons. Management noted that the order further strengthens the long-standing relationship between East India Drums & Barrels Manufacturing Limited and Bharat Petroleum Corporation Limited. The contract also reinforces the company's position as a trusted supplier in the energy sector.

According to the company's disclosure, the contract reflects several key strengths:

  • Manufacturing capabilities to meet PSU requirements
  • Strict adherence to quality standards
  • Continued commitment to supporting India's energy infrastructure
  • Dedication to meeting industrial requirements

Company Profile

East India Drums & Barrels Manufacturing Limited, formerly known as Precision Containeurs Limited, operates as an ISO certified company holding certifications for ISO 9001:2015, 14001:2015, and 45001:2018. The company maintains its registered office in Mumbai and specializes in manufacturing containment solutions for various industrial applications.

Regulatory Compliance

The contract announcement was made in compliance with regulatory requirements. The company filed this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for stakeholders and maintaining proper corporate governance standards.

Historical Stock Returns for Precision Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
+1.85%+13.79%-1.79%-55.41%-67.71%-88.42%

Will this BPCL contract success help East India Drums secure similar deals with other major PSU oil companies like IOCL and HPCL?

How might the government's push for energy transition and renewable fuels impact future demand for traditional metallic drums and barrels?

Could this contract lead to East India Drums expanding its manufacturing capacity or establishing facilities closer to other BPCL refineries?

East India Drums and Barrels Manufacturing Ltd Files SEBI Disclosure Under Takeover Regulations for FY26

1 min read     Updated on 03 Apr 2026, 06:25 PM
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AI Summary

East India Drums and Barrels Manufacturing Ltd filed its mandatory SEBI disclosure under Regulation 31(4) of takeover regulations for FY26 on April 03, 2026. Promoter Madhav Valia declared that no shares were encumbered by promoters or promoter group members during the financial year ended March 31, 2026, beyond those already disclosed. The ISO-certified company operates manufacturing facilities in Daman, Sonipat, and Karjat, with Company Secretary Mayuri Choudhary ensuring regulatory compliance.

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East India Drums & Barrels Mfg. has filed its mandatory regulatory disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure was submitted to BSE Limited on April 03, 2026, ensuring compliance with statutory requirements.

Regulatory Compliance Declaration

The disclosure was filed under Regulation 31(4) of SEBI's takeover regulations by promoter Madhav Valia on behalf of the promoter and promoter group. The declaration confirms that neither the promoter nor any member of the promoter group and persons acting in concert have encumbered any shares of the company during FY26, except for those already disclosed.

Parameter: Details
Filing Date: April 03, 2026
Financial Year: Ended March 31, 2026
Regulation: SEBI Regulation 31(4)
Filed By: Madhav Valia (Promoter)
Company Secretary: Mayuri Choudhary

Company Operations and Infrastructure

East India Drums and Barrels Manufacturing Ltd operates as an ISO certified company with certifications including ISO 9001:2015, 14001:2015, and 45001:2018. The company maintains its registered office in Mumbai and operates manufacturing facilities across multiple locations.

The company's manufacturing infrastructure includes:

  • Daman Plant: Located at Survey No.260/2, 260/3 & 260/5 Village Bhimpore, Daman Union Territory
  • Sonipat Plant: Situated in Village Johsi Jat, Bhalgarh Road, Tehsil Rai, Dist. Sonipat Haryana
  • Karjat Plant: Based at Survey No. 18/5/A/(2), 18/5/B/(1), 21/1(P), 21/10,21/12, Anjap, Karjat, Raigad, Maharashtra

Corporate Governance

The disclosure demonstrates the company's commitment to maintaining transparency and regulatory compliance. Company Secretary cum Compliance Officer Mayuri Choudhary, with membership number A55667, digitally signed and submitted the disclosure documents to both BSE Limited and the company's Audit Committee.

The filing ensures that all stakeholders are informed about the promoter group's shareholding status and any encumbrances on shares, maintaining transparency in corporate governance practices as mandated by SEBI regulations.

Historical Stock Returns for Precision Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
+1.85%+13.79%-1.79%-55.41%-67.71%-88.42%

What expansion plans might East India Drums & Barrels pursue given their multi-location manufacturing infrastructure across three states?

How could the company's ISO certifications position it for potential new market opportunities or regulatory changes in the packaging industry?

Will the promoter group consider increasing their stake in the company or bringing in strategic investors in the coming quarters?

More News on East India Drums & Barrels Mfg.

1 Year Returns:-67.71%