KD Green Industries

Sept 2 (Reuters) - KD Green Industries Ltd MANU.NS:

• UNIT GETS 77.9 MILLION RUPEES ORDER FOR GI STEEL TUBULAR POLES TO STAR INFRATECH

Further company coverage: MANU.NS

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KD Green Industries' board approved an investment of up to ₹15 crore in its subsidiary, K D Infrastructures Private Ltd, by subscribing to a further issue of capital in one or more tranches. The cash investment was intended to fund the subsidiary's expansion and capital expenditure, support operations, repay existing loans and meet general corporate needs. KD Green already held 99.84% of KD Infrastructures, which was incorporated in August 2024 and reported nil turnover over the past three years. The subsidiary makes galvanized and metallic products including pipes, poles, high masts, crash barriers, gratings and cable trays. KD Infrastructures' 25,000-tonne steel-fabrication facility was under setup, while the group reported consolidated FY26 revenue of ₹63.3 crore.

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KD Green Industries reported consolidated revenue of ₹34.18 crore and profit attributable to its owners of ₹1.76 crore for the quarter ended June 2026. Its board also approved a cash investment of up to ₹15 crore in KD Infrastructures, a 99.84%-owned subsidiary, through a further issue of capital expected to be completed during financial year 2026-27. KD Infrastructures, incorporated in August 2024, had nil turnover and manufactured galvanized and other fabricated steel products; the funds were intended for expansion, capital expenditure, operational needs, loan repayment and general corporate purposes. KD Green's consolidated revenue for FY26 was ₹63.34 crore, while its steel-fabrication subsidiary had a 25,000-tonne facility under setup.

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KD Green Industries approved its unaudited standalone and consolidated results for the quarter ended June 30, 2026, and authorised up to ₹15 crore of further cash investment in its 99.84%-owned subsidiary K D Infrastructures. The investment will be made through a further issue of capital and is intended to fund expansion, capital expenditure, operating needs, loan repayment and general corporate purposes, with completion expected during FY27. KDIPL was acquired in April and has a 25,000-tonne steel-fabrication facility under setup. Consolidated revenue was ₹34.18 crore for the quarter, while profit attributable to KD Green’s owners was ₹1.76 crore and total profit after tax including non-controlling interests was ₹3.67 crore.

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KD Green Industries' 51% subsidiary, Shivam Pipe Industries, has secured an order worth approximately ₹7.55 crores to supply galvanized steel tubular poles to Bharat Sanchar Nigam Limited. The order was received under the Bharat Net Phase-III NER-1 Package, a central government programme, through a contractor executing the project. Shivam Pipe is already a registered vendor with BSNL for this programme and also supplies poles to several electricity utilities across northeastern states under the 'Xtech' brand. The company informed exchanges of the order on July 23.

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July 23 (Reuters) - KD Green Industries Ltd MANU.BO:

• MANBRO INDUSTRIES LTD - SECURED ORDER FOR 75.5 MILLION RUPEES

Source text: ID:nnAZN4T9J23

Further company coverage: MANU.BO

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KD Green Industries' 51% subsidiary, Shivam Pipe Industries, secured an order worth approximately ₹4.40 crores to supply galvanized steel tubular electric poles to Meghalaya Power Distribution Corporation Ltd. (MePDCL). The order was awarded under the central government's Revamped Distribution Sector Scheme (RDSS) through a contractor executing power distribution works for MePDCL. Delivery is expected on an immediate basis. Shivam Pipes supplies poles under the 'Xtech' brand and is a registered vendor with multiple electricity utilities across northeastern states.

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KD Green Industries Ltd published a press release detailing the strategic rationale and financial underpinnings of its proposed merger with KD Iron & Steel Private Limited. KD Iron & Steel plans to invest ₹325 crore to expand its furnace capacity to 1,80,000 metric tonnes per year and rolling capacity to 2,00,000 metric tonnes per year, along with a 25MW captive solar plant. The company has also received approval for approximately ₹600 crore in government incentives from the Government of Assam over the next 15 years. The merger, approved in principle by KD Green's board, remains subject to due diligence, regulatory approvals, and other clearances.

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KD Green Industries Ltd will merge with KD Iron & Steel Private Limited, the company said after a board meeting on Tuesday. KD Iron & Steel reported revenue of ₹315.9 crore in the year ended March 2026, dwarfing KD Green's own revenue of ₹22.8 crore. The merger's share exchange ratio and valuation have not been finalised and will be determined after due diligence and professional advice. The transaction, classified as a related-party deal, is subject to regulatory and other approvals. The companies share common promoters.

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May 13 (Reuters) - KD Green Industries Ltd MANU.BO:

• KD GREEN INDUSTRIES LTD - APPOINTS MANOJ KUMAR SHARMA AS CHIEF FINANCIAL OFFICER

Source text: ID:nBSE1fSZlp

Further company coverage: MANU.BO

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May 11 (Reuters) - KD Green Industries Ltd MANU.BO:

• KD GREEN INDUSTRIES LTD - UNIT SHIVAM PIPES SECURES 90.8 MILLION RUPEES ORDERS FOR GALVANIZED STEEL TUBULAR POLES

Source text: ID:nBSESrZPx

Further company coverage: MANU.BO

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April 23 (Reuters) - KD Green Industries Ltd MANU.BO:

• KD GREEN INDUSTRIES LTD - UNIT SECURES 315.5 MILLION RUPEES ORDERS FOR GALVANIZED STEEL TUBULAR POLES

Source text: ID:nBSE7vHt16

Further company coverage: MANU.BO

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Feb 9 (Reuters) - Manbro Industries Ltd MANU.BO:

• MANBRO INDUSTRIES LTD - APPROVES SHARE SPLIT FROM 1 SHARE TO 10

• MANBRO INDUSTRIES LTD - NIHIT AGARWALLA RESIGNS AS CFO EFFECTIVE FEBRUARY 9, 2026

Source text: ID:nBSE7rKk7J

Further company coverage: MANU.BO

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Oct 3 (Reuters) - Unimode Overseas Ltd UNIO.BO:

• APPROVED FUND RAISING OF AMOUNT NOT EXCEEDING 60 MILLION RUPEES VIA RIGHTS ISSUE

Further company coverage: UNIO.BO

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Aug 25 (Reuters) - Unimode Overseas Ltd UNIO.BO:

• APPOINTS NALINI GUPTA AS CFO

Source text for Eikon: ID:nBSE4cCx9G

Further company coverage: UNIO.BO

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