Man Industries Secures New Export Order Worth Rs 11.5 Billion
Man Industries (India) Limited has secured a new export order valued at approximately Rs 11.5 billion (1,150 crore), expected to be delivered within the next six to twelve months. This fresh contract highlights the company’s strong position in the international pipes market and reinforces the trust placed in its technological and execution capabilities by global customers.
The company’s total unexecuted order book currently stands at around Rs 35 billion (3,500 crore), reflecting a robust business environment and strong demand for its products.
The new international order involves the supply of various types of pipes and is being executed entirely for overseas clients. There is no involvement of related party transactions or promoter interests in the awarding entity.
Man Industries is committed to delivering this order efficiently within the stipulated timeframe, continuing its growth trajectory in the global pipeline sector.
The company has shared this update in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in line with relevant SEBI circulars issued in 2023 and 2024.