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Kirloskar Ferrous secures Rs 358 crore ONGC supply contract

October 22, 2025 at 01:49 PM UTCBy FilingReader AI

Kirloskar Ferrous Industries Limited has received a contract from Oil and Natural Gas Corporation Limited (ONGC) for the supply of products. The contract, announced in a regulatory filing dated October 22, 2025, is valued at approximately 358 crore and includes the supply of regular EUE Tubing, Pup Joints, and Cross overs.

The total order value incorporates a Goods and Service Tax (GST) of 12 percent, subject to revision based on future government notifications. The contract is scheduled for execution over a one-year period, from October 21, 2025, to October 20, 2026. This is classified as a domestic transaction. Kirloskar Ferrous Industries confirmed that neither the promoter nor promoter group has an interest in ONGC, ensuring the transaction is not considered a related party transaction.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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