Shivam Pipes wins ₹7.55 Cr BSNL order for poles
Shivam Pipe Industries, a 51% subsidiary of KD Green Industries Limited, secured an order worth ₹7.55 crore from Bharat Sanchar Nigam Limited (BSNL) for supplying Galvanized Steel Tubular Poles under the Bharat Net Phase-III NER-1 Package. The order was awarded via a contractor executing the project. Shivam Pipes supplies these poles under the brand name Xtech.

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Shivam Pipe Industries, a 51% subsidiary of manbro industries , has secured an order worth ₹7.55 crore from Bharat Sanchar Nigam Limited (BSNL) for the supply of Galvanized Steel Tubular Poles. The order was received under the Bharat Net Phase-III NER-1 Package (Amended Bharat Net Program). This development is significant as it expands the subsidiary's footprint in the infrastructure sector, specifically supporting telecommunications connectivity in the North Eastern region.
The order was awarded through a contractor executing the project for BSNL. Shivam Pipes is already a registered vendor with multiple electricity utilities across North Eastern states and with BSNL under the same Bharat Net Phase-III program. The company supplies its Galvanized Steel Tubular Poles under the brand name Xtech.
Order Details
The financial and operational details of the order are outlined below:
| Parameter | Details |
|---|---|
| Order Value | ₹7.55 crore (approx.) |
| Product | Galvanized Steel Tubular Poles |
| Project | Bharat Net Phase-III NER-1 Package |
| End Customer | Bharat Sanchar Nigam Limited (BSNL) |
KD Green Industries Limited, formerly known as Manbro Industries Limited, disclosed this information to the stock exchanges on July 23, 2026. The filing was signed by Dilip Kumar Goenka, Managing Director of the company.
Historical Stock Returns for Manbro Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.29% | -0.46% | -12.44% | -17.43% | -16.14% | +4,029.75% |
What is the expected timeline for revenue recognition from this ₹7.55 crore order?
Does this order position Shivam Pipe Industries to secure additional contracts under the broader Bharat Net Phase-III program?
How will this new order impact the overall revenue contribution of the subsidiary to KD Green Industries Limited?




























