Shivam Pipes secures ₹9.06 crore order from MePDCL under RDSS

1 min read     Updated on 26 May 2026, 05:54 PM
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Shivam Pipes, a subsidiary of KD Green Industries Limited, secured a ₹9.06 crore order from Meghalaya Power Distribution Corporation Ltd. for supplying Galvanized Steel Tubular Electric Poles under the Revamped Distribution Sector Scheme (RDSS). The order requires delivery by the end of June 2026. The subsidiary is a registered vendor with multiple utilities in the North East, supplying under the 'Xtech' brand.

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Shivam Pipes, a 51% subsidiary of KD Green Industries Limited, has secured a single order worth ₹9.06 crore from Meghalaya Power Distribution Corporation Ltd. (MePDCL) for the supply of Galvanized Steel Tubular Electric Poles. The order was awarded under the Revamped Distribution Sector Scheme (RDSS) and carries a delivery timeline by the end of June 2026. This contract reinforces the subsidiary's footprint in the power infrastructure sector across the North Eastern region.

The order was received through a contractor executing power distribution for MePDCL. Shivam Pipes is already a registered vendor with multiple electricity utilities across North Eastern states, including under RDSS, for its products sold under the 'Xtech' brand. The company is also an approved vendor for entities such as BSNL and PWD.

Order Details

Parameter Details
Customer Meghalaya Power Distribution Corporation Ltd. (MePDCL)
Order Value ₹9.06 crore (approx.)
Product Galvanized Steel Tubular Electric Poles
Scheme Revamped Distribution Sector Scheme (RDSS)
Delivery Timeline By end of June 2026

Strategic Context

The North Eastern region is identified as a high-growth corridor for power infrastructure, driven by government investments in transmission and distribution. Key drivers include large-scale investments under schemes like RDSS, significant hydropower and renewable energy potential, and a continued focus on rural electrification and grid strengthening.

Management Commentary

Management stated that the empanelment and approval with key utilities position the company strongly for future growth in the power infrastructure sector. They anticipate that demand for galvanized steel tubular poles will remain strong due to the continued governmental focus on electrification, including under RDSS.

About Shivam Pipes

Shivam Pipes is a leading manufacturer of steel pipes and galvanized tubular poles under the 'XTech' brand. The company has a present capacity of 36,000 MT per annum and supplies products to various government agencies and utilities. It is a wholly-owned focus entity within the broader operations of KD Green Industries Limited.

How will the June 2026 delivery timeline impact Shivam Pipes' revenue recognition and working capital requirements over the next two fiscal years?

Given the high-growth corridor status of the North Eastern region, what is the potential for Shivam Pipes to secure similar RDSS orders from other state utilities in the area?

With current capacity at 36,000 MT per annum, will this new order necessitate capital expenditure to expand production capabilities or optimize existing utilization rates?

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KD Green Industries board to meet on May 30 to consider FY26 results

1 min read     Updated on 25 May 2026, 10:39 PM
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KD Green Industries Limited has scheduled a board meeting for May 30, 2026, to approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The company's trading window remains closed until May 31, 2026, and will reopen on June 1, 2026.

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KD Green Industries Limited will hold a board meeting on May 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The meeting is scheduled to take place at 4:00 P.M. at the company's registered office in Guwahati, Assam. The board will also address any other matters with the permission of the chair.

The trading window for dealing in the company's shares has been closed since April 1, 2026, in accordance with regulatory requirements. This closure will remain in effect until May 31, 2026, and the window is set to reopen on June 1, 2026.

The intimation was submitted to BSE Limited pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Dilip Kumar Goenka, Managing Director of KD Green Industries Limited.

Key Details

Event Date/Time Location
Board Meeting May 30, 2026, 4:00 P.M. Registered Office, Guwahati
Trading Window Closure April 1, 2026 to May 31, 2026
Trading Window Reopening June 1, 2026

KD Green Industries Limited, formerly known as Manbro Industries Limited, is listed on BSE with the scrip code 512595.

How will the upcoming financial results impact investor sentiment when the trading window reopens on June 1, 2026?

What strategic initiatives or dividend declarations might the board discuss alongside the financial results?

How does KD Green Industries' performance compare to industry peers in the current fiscal year?

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