Kirloskar Ferrous Industries Limited (KFIL) has secured a substantial contract from Oil and Natural Gas Corporation Limited (ONGC) for the supply of tubing and related products. The contract, valued at approximately ₹358 crore, marks a significant business win for KFIL in the oil and gas sector supply chain.

Contract Details

The contract, dated 21 October 2025, involves the supply of regular EUE (External Upset End) Tubing, Pup Joints, and Cross overs. Key details of the contract include:

Significance of the Contract

This contract represents a major opportunity for Kirloskar Ferrous Industries to strengthen its position in the oil and gas sector supply chain. The substantial value of the contract underscores the scale of the project and its potential impact on the company's financial performance.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, KFIL has disclosed this material development to the stock exchange. This transparency ensures that investors and stakeholders are informed about significant business developments that may impact the company's performance.

Looking Ahead

As Kirloskar Ferrous Industries embarks on this year-long contract with ONGC, it will be important to observe how this development influences the company's market position and financial outcomes. The successful execution of this contract could potentially lead to more opportunities in the oil and gas sector for KFIL.

Investors and market watchers may keep a close eye on how this contract contributes to KFIL's revenue stream and overall growth strategy in the industrial manufacturing sector.

Kirloskar Ferrous Industries Limited , a prominent player in the ferrous industry, has announced a temporary suspension of operations at its Baramati plant in Maharashtra. The company, known for its iron castings and pig iron production, is set to undergo annual maintenance and repairs at the facility.

Key Details of the Suspension

Official Communication

The company's Company Secretary, Mayuresh Gharpure, communicated this operational update to BSE Limited. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kirloskar Ferrous Industries formally notified the stock exchange about this temporary suspension.

Impact and Implications

While the company has not provided specific details about the impact of this suspension on production or financial performance, such maintenance activities are typically crucial for ensuring the long-term efficiency and safety of manufacturing facilities. Regular maintenance can help in:

• Improving operational efficiency
• Ensuring equipment longevity
• Maintaining product quality
• Adhering to safety standards

Investors and stakeholders may want to monitor any further updates from the company regarding the completion of the maintenance activities and the resumption of operations at the Baramati plant.

Kirloskar Ferrous Industries Limited, part of the Kirloskar Group, continues to play a significant role in India's ferrous industry. The company's proactive approach to maintenance underscores its commitment to operational excellence and regulatory compliance.