KSB Limited Secures Orders Worth INR 267 Crores for Kudankulam Site

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KSB Limited Secures Orders Worth INR 267 Crores for Kudankulam Site

Team FS

15/Mar/2024

Key Points:

KSB Limited announces the acquisition of orders totaling approximately INR 267 Crores for supplying pumps and accessories for the Kudankulam site in Tamil Nadu, India.
The scope of the order includes the supply of pumps along with associated motors, with sales expected to commence in the fourth quarter of FY 2025.
This disclosure is made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, underscoring the company's commitment to transparent communication with stakeholders.

KSB Limited, a renowned player in the engineering and manufacturing sector, has secured significant orders amounting to approximately INR 267 Crores for supplying pumps and associated accessories for the Kudankulam site in Tamil Nadu, India. The company has disclosed this development in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflecting its commitment to transparent communication with stakeholders.

The scope of the orders encompasses the supply of pumps along with accompanying motors, highlighting KSB Limited's comprehensive offerings in the field of fluid handling solutions. The Kudankulam site, located in Tamil Nadu, holds strategic importance in the country's energy landscape, further underscoring the significance of these orders for KSB Limited.

With sales and supply of products and services expected to commence in the fourth quarter of FY 2025, KSB Limited is poised to contribute to critical infrastructure projects in the region. The company's expertise in delivering high-quality, reliable pumping solutions positions it as a trusted partner for large-scale ventures such as the Kudankulam site.

The acquisition of these orders reaffirms KSB Limited's strong market presence and its ability to secure key projects in the dynamic engineering landscape. By leveraging its technological prowess and commitment to excellence, the company continues to strengthen its position as a preferred provider of fluid handling solutions.

In conclusion, the acquisition of orders worth INR 267 Crores for the Kudankulam site represents a significant milestone for KSB Limited, reflecting its capabilities and market leadership in the engineering sector. As the company gears up to fulfill these orders, stakeholders can anticipate value creation and sustained growth in the foreseeable future.

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KSB Limited Secures Orders Worth INR 267 Crores for Kudankulam Site

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