Kirloskar Ferrous Industries Secures International Contract for Pig Iron Supply Valued at USD 13.51 Million
Kirloskar Ferrous Industries Limited (KFIL) has secured a significant contract for the supply of basic grade pig iron, valued at around USD 13.51 Million. The deal involves an international entity and sets a timeline for shipments concluding by August 2026.The contract mandates KFIL to supply basic grade Pig Iron, according to specified terms in the agreement. This order has been placed by a buyer with operations based in London, UK.
The transaction is noted as an international business engagement, involving the FOB (Free On Board) basis and payment through a Letter of Credit payable at sight. The scope of work includes supplying 30,000 (+/- 5%) Metric Tons (MT) of basic grade Pig Iron.
Key details regarding the pig iron supply contract are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Contract | A buyer based in London, UK |
| Nature of Order | Supply of basic grade Pig Iron as per specifications |
| Scope of Work | 30,000 (+/- 5%) MT of basic grade Pig Iron on FOB basis |
| Contract Value | Around USD 13.51 Million |
| Execution Deadline | Latest shipment by August 15, 2026 |
The agreement is confirmed to be an arms-length transaction and does not involve any interest from the promoter or promoter group companies in the awarding entity.
ANSALAPI Stock Price Movement
As of 11:07 AM, shares of Ansal Properties & Infrastructure Limited hover steadily at ₹3.29 today, maintaining the stock's value with zero change in live trading. The equity currently sits within its price band, trading between ₹3.23 and ₹3.35 per share.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.