Joint Venture22 Dec 2025, 12:43 pm
Kilburn Engineering Ltd to Form Joint Venture with East End Technologies for Exploring Opportunities in Oil/Gas, Fertilizers, Petrochemicals, Steel Sectors
AI Summary
The Board of Directors of Kilburn Engineering Ltd has approved the execution of a Binding Term Sheet with East End Technologies Private Limited to incorporate a joint venture company. The JV Company will explore opportunities in relation to projects for piping fabrication & erection, structural fabrication & erection, pre-commissioning support for mechanical works, etc. mainly for sectors related to oil/ gas, fertilizers, petrochemicals, steel, etc., within India. The JV Company will be a subsidiary of Kilburn Engineering Ltd, with a 60% stake held by Kilburn Engineering and a 40% stake held by East End Technologies. The transaction is subject to necessary statutory, governmental, or regulatory approvals.
Key Highlights
- Kilburn Engineering Ltd and East End Technologies Private Limited to form a joint venture company
- The JV Company will explore opportunities in piping fabrication & erection, structural fabrication & erection, pre-commissioning support for mechanical works, etc.
- The JV Company will focus on sectors related to oil/ gas, fertilizers, petrochemicals, steel, etc., within India
- The JV Company will be a subsidiary of Kilburn Engineering Ltd, with a 60% stake held by Kilburn Engineering and a 40% stake held by East End Technologies
- The transaction is subject to necessary statutory, governmental, or regulatory approvals