Karbonsteel Engineering Limited has announced securing a substantial new order valued at ₹22.76 crores from a leading domestic infrastructure and engineering company. The order was received on January 21, 2026, and represents a significant business development for the manufacturing company.

Order Details and Specifications

The contract encompasses manufacturing and supply of building structures for the domestic market. The company has committed to complete delivery by March 31, 2026, providing a tight execution timeline of approximately two months.

Regulatory Compliance and Transparency

Karbonsteel Engineering has fulfilled its disclosure obligations under SEBI Listing Regulations, specifically Regulation 30 read with Schedule III Part A. The announcement was made in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The company confirmed that this transaction maintains arm's length principles with no related party involvement. Additionally, the promoter group and group companies have no interest in the entity that awarded the contract, ensuring complete independence in the business relationship.

Strategic Business Impact

This order reinforces Karbonsteel Engineering's position in the domestic infrastructure and building structures segment. The contract terms follow standard Letter of Intent and Purchase Order frameworks, indicating established business practices and client confidence in the company's manufacturing capabilities.

The relatively short delivery timeline demonstrates the company's operational readiness and capacity to handle substantial orders within compressed schedules, which could enhance its competitive positioning for future infrastructure projects.

Karbon Steel Engineering Limited, a key player in the steel engineering sector, has reported a decline in revenue and profit for the six months ended September 30, 2025. The company has also announced changes in its internal audit team.

Financial Performance

According to the unaudited standalone financial results approved by the board:

The company experienced a 16.4% decrease in revenue and a 19.3% decline in profit compared to the same period in the previous year.

Changes in Internal Audit

Karbon Steel Engineering has made significant changes to its internal audit team:

1. Resignation: M/s. Desai Bhansali & Associates LLP, Chartered Accountants, resigned as Internal Auditors of the company on November 12, 2025, citing preoccupation as the reason.

2. New Appointment: The board has appointed M/s. Chintan D. Shah & Associates, Chartered Accountants (FRN: 146176W), as the new Internal Auditors for the Financial Year 2025–26, effective November 13, 2025.

About the New Internal Auditor

M/s Chintan D. Shah & Associates is a progressive Chartered Accountancy firm founded by CA CS CMA Chintan D. Shah. The firm specializes in providing financial, tax, and advisory solutions to businesses, startups, and MSMEs across India and internationally. They have conducted internal audits for more than fifteen companies and served on the advisory boards of four companies, bringing significant expertise to Karbon Steel Engineering Limited.

Corporate Governance

These changes and financial results were discussed and approved during a board meeting held on November 13, 2025. The meeting, which commenced at 03:57 p.m. and concluded at 04:37 p.m., also included the approval of the unaudited standalone financial results for the half-year ended September 30, 2025.

The company's actions align with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating its commitment to regulatory compliance and transparent communication with stakeholders.