Business Update7 Aug 2026, 02:33 pm
KVS Castings Secures ₹20 Cr Export Order for Russian Railways Parts
AI Summary
KVS Castings Ltd has announced securing a significant export order from M/s. SAMM Corporation, Delhi, for the supply of railway parts destined for Russian Railways. The order, received in the normal course of business, underscores the company's manufacturing prowess and product quality. The total order value is approximately ₹8 Crores for FY 2026-27 and ₹12 Crores for FY 2027-28, with deliveries scheduled from August 2026 onwards. This development is in compliance with SEBI's Listing Regulations, ensuring transparency for stakeholders.
Key Highlights
- Secured export order for railway parts to be used in Russian Railways.
- Total order value approximately ₹20 Crores over two fiscal years.
- Deliveries to commence from August 2026 onwards.
- Order reaffirms company's manufacturing capabilities and product quality.
- Transaction is not with a related party.
Price Impact
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