East India Drums & Barrels Manufacturing Limited has announced securing a significant contract from Indian Oil Corporation Limited (IOCL) worth ₹86.05 crores for the supply of steel drums and barrels. The company received a Letter of Acceptance from IOCL for the supply of steel drums/barrels to its Vashi facility.

Contract Details

The contract encompasses the supply of steel drums and barrels to IOCL's Vashi facility in Navi Mumbai. Key parameters of the agreement include:

Strategic Partnership Reinforcement

This contract underscores East India Drums' strong and longstanding relationship with Indian Oil Corporation Limited. The order reflects IOCL's continued trust in East India Drums' manufacturing capabilities, quality standards, and track record of timely execution. This partnership demonstrates the company's established position as a reliable supplier in the industrial packaging sector.

Business Impact

The management highlighted that this substantial order will further strengthen the company's order book and is expected to contribute positively to operational performance. The contract represents a significant addition to the company's revenue pipeline and validates its manufacturing excellence in the steel drums and barrels segment.

Regulatory Compliance

East India Drums & Barrels Manufacturing Limited disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains ISO 9001:2015, 14001:2015, and 45001:2018 certifications, reflecting its commitment to quality, environmental management, and occupational health and safety standards.

East India Drums Barrels Manufacturing Limited has secured a significant defence contract from Munitions India Limited through the Government e-Marketplace (GeM) platform. The contract involves supplying 200-litre capacity steel barrels with lid and ring locking arrangement, marking a strategic milestone in the company's defence sector expansion.

Contract Specifications

The company disclosed the contract details in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal announcement was made to the Bombay Stock Exchange on December 19, 2025.

Strategic Impact

This contract award strengthens East India Drums Barrels Manufacturing's presence in the defence sector and reflects continued confidence of public sector undertakings in the company's manufacturing capabilities and product quality. Munitions India Limited, being a Central Public Sector Undertaking under the Ministry of Defence, represents a prestigious client for the company.

Regulatory Compliance

The company has made this disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, demonstrating its commitment to transparency and regulatory compliance. Managing Director Madhav Valia signed the official communication to the Bombay Stock Exchange, ensuring proper corporate governance protocols were followed.

This defence sector contract diversifies the company's client portfolio and positions it favorably for future opportunities within India's defence manufacturing ecosystem.