Business Update23 Jul 2026, 09:10 pm
KRN Subsidiary Secures ₹50.87 Cr Order for Heat Exchanger Coils
AI Summary
KRN Heat Exchanger And Refrigeration Ltd announced that its wholly owned subsidiary, KRN HVAC Products Private Limited, has received a domestic order for the supply of Heat Exchanger Coils. The total value of the order, including IGST, amounts to ₹50.87 Crore (₹43.11 Crore base order value + ₹7.76 Crore IGST). The delivery is expected to be completed as per the order terms. The company has clarified that this order is a part of its normal business operations and does not involve any related parties or internal orders. The promoters and their group companies have no interest in the entity that awarded this project.
Key Highlights
- Subsidiary KRN HVAC Products received a significant domestic order.
- Total order value stands at ₹50.87 Crore.
- Order is for the supply of Heat Exchanger Coils.
- Transaction is in the normal course of business.
- No related party involvement confirmed.
Price Impact
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