KD Green Appoints Manoj Kumar Sharma as CFO

1 min read     Updated on 13 May 2026, 09:17 PM
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AI Summary

KD Green Industries Limited has appointed Mr. Manoj Kumar Sharma as its Chief Financial Officer, effective 13 May 2026, based on the NRC's recommendation. Mr. Sharma, an MBA in Finance, started his career in 2005 and has over 20 years of experience in accounts, taxation, and finance. The appointment was disclosed to BSE Limited in compliance with Regulation 30 of the SEBI Listing Obligations Regulations.

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KD Green Industries Limited has appointed Mr. Manoj Kumar Sharma as its Chief Financial Officer (CFO), effective 13 May 2026. The appointment was made following a recommendation by the Nomination and Remuneration Committee (NRC) and was disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The Board of Directors approved the appointment at a meeting held at the company's registered office in Guwahati. The decision aligns with the requirements of SEBI Circular No. CIR/CFD/CMD/4/2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123.

Parameter Details
Name Mr. Manoj Kumar Sharma
Designation Chief Financial Officer (CFO)
Date of Appointment 13 May 2026
Qualification MBA (Finance)
Professional Experience More than 20 years in accounts, taxation & finance
Career Start Year 2005

Profile of the Appointee

Mr. Manoj Kumar Sharma holds an MBA degree with a specialisation in Finance. He commenced his professional career in 2005 and possesses over two decades of experience in accounts, taxation, and finance functions. The intimation was signed by Dilip Kumar Goenka, Managing Director, on 13 May 2026.

Historical Stock Returns for Manbro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%-13.09%-8.24%+45.06%+15.75%+5,556.25%

How might Mr. Manoj Kumar Sharma's expertise in taxation and finance influence KD Green Industries' financial strategy and compliance framework going forward?

What strategic initiatives or financial restructuring plans could the new CFO prioritize given KD Green Industries' recent rebranding from Manbro Industries Limited?

Could the appointment of an experienced CFO signal KD Green Industries' preparation for fundraising activities, such as a rights issue, QIP, or debt restructuring in the near term?

Shivam Pipes Secures ₹9.08 Crore Orders for Galvanized Steel Tubular Electric Poles to Electricity Boards

2 min read     Updated on 11 May 2026, 11:15 PM
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AI Summary

Shivam Pipes, a 51% subsidiary of KD Green Industries Limited (formerly Manbro Industries Limited), has secured orders aggregating to ₹9.08 crores for the supply of Galvanized Steel Tubular Electric Poles to north eastern state electricity boards under the RDSS scheme, with a delivery timeline of 1 to 4 months. The company, with a manufacturing capacity of 36,000 MT per annum, is an approved vendor with multiple north eastern utilities and markets its products under the XTech brand, with Sanjay Dutt and Nishita Goswami as brand ambassadors.

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Shivam Pipes, a 51% subsidiary of KD Green Industries Limited (earlier known as Manbro Industries Limited), has secured orders aggregating to ₹9.08 crores (approx.) for the supply of Galvanized Steel Tubular Electric Poles to north eastern state electricity boards. The development was disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, via a press release dated May 11, 2026, issued from Guwahati.

Order Details

The orders have been received under the Revamped Distribution Sector Scheme (RDSS) and carry a delivery timeline of 1 to 4 months. They were awarded through contractors executing power distribution for respective utilities and government agencies. Key details of the order are summarised below:

Parameter: Details
Order Value: ₹9.08 crores (approx.)
Product: Galvanized Steel Tubular Electric Poles
Customers: North Eastern state electricity boards
Scheme: Revamped Distribution Sector Scheme (RDSS)
Delivery Timeline: 1 to 4 months
Brand Name: Xtech

About Shivam Pipes

Shivam Pipes is a leading manufacturer of steel pipes and galvanized tubular poles under the 'XTech' brand. The company is already registered as an approved vendor with various north eastern state electricity boards, BSNL, PWD, and other government agencies and utilities. It currently has a manufacturing capacity of 36,000 MT per annum.

Power Infrastructure Opportunity in North East

The North Eastern region has been identified as a significant corridor for power infrastructure development, supported by government schemes and investments. Key drivers include:

  • Large-scale investments in transmission and distribution under various government schemes, including RDSS
  • Significant hydropower and renewable energy potential
  • Continued focus on rural electrification and grid strengthening

Management Commentary

Commenting on the order win, the management stated: "We are pleased to secure these orders for supply to electricity boards. Our empanelment and approval with key utilities position us strongly for future growth in power infrastructure sectors. With continued Governmental focus on electrification including under RDSS, demand for galvanized steel tubular poles is expected to remain strong."

About KD Green Industries Limited

KD Green Industries Limited (earlier known as Manbro Industries Limited) is engaged, including through its subsidiaries, in the manufacturing of AAC blocks under the 'Green AAC Block' brand and pipes and poles under the 'XTech' brand, and is setting up steel fabrication for infrastructure. It is part of the KD Group of Guwahati, described as an Integrated Infrastructure and Building Materials Manufacturing Conglomerate with interests in steel, infrastructure, AAC Blocks, and sustainable solutions. Sanjay Dutt and Nishita Goswami serve as brand ambassadors for the XTech brand. The businesses under KD Group include:

  • Green Steel Products Manufacturing — Branded TMT Bars, Pipes, Electric Poles and value-added products under the 'XTech' brand
  • Branded AAC Blocks Manufacturing — Under the 'Green AAC Blocks' brand
  • Old Vehicle Scrapping — Metal and non-metal recycling
  • Steel Fabrication for Infrastructure (Under Setup) — Manufacturing facility for steel fabricated products including solar structures, transmission towers, and railway crash barriers

Historical Stock Returns for Manbro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%-13.09%-8.24%+45.06%+15.75%+5,556.25%

How might Shivam Pipes' existing vendor empanelment with north eastern electricity boards position it to capture a larger share of the estimated total RDSS expenditure pipeline in the region over the next 2-3 years?

Could KD Green Industries' planned steel fabrication unit for solar structures and transmission towers create meaningful cross-selling synergies with Shivam Pipes' existing pole supply relationships with government utilities?

Given that current orders represent a fraction of Shivam Pipes' 36,000 MT annual capacity, what order book size would be needed to achieve meaningful capacity utilization, and is the north eastern market large enough to drive that?

More News on Manbro Industries

1 Year Returns:+15.75%