<h1>Shivam Pipes Secures ₹ 4.40 Crore Order for Electric Poles from MePDCL</h1>
Shivam Pipe Industries, a subsidiary of KD Green Industries Limited, has secured an order aggregating to approximately ₹ 4.40 crores. The contract involves supplying Galvanized Steel Tubular Electric Poles to the Meghalaya Power Distribution Corporation Ltd. (MePDCL).
The order, which was received on an immediate delivery basis, was awarded through a contractor currently executing power distribution services for MePDCL. Shivam Pipes is already recognized as a registered vendor across multiple electricity utilities in the North Eastern states. The supply of its Galvanized Steel Tubular Electric Poles will be conducted under the brand name 'Xtech' and falls under the Revamped Distribution Sector Scheme (RDSS).
Shivam Pipe Industries, which operates as a 51% subsidiary of KD Green Industries Limited, has demonstrated consistent market presence. The company is a registered vendor for several electricity utilities throughout the North Eastern states regarding the supply of its specialized poles under the RDSS framework.
Stock Price Movement
Manbro Industries Ltd. closed on Friday edging higher, settling at ₹50.39 in the post-market session, which represents a 1.74% gain. The shares moved through the day's range, touching an intraday high of ₹51.00 and finding a low of ₹49.40.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.
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