Kilburn Engineering Appoints Amritanshu Khaitan As Chairman

15 Apr 2026 CW Team

The company and its subsidiaries closed FY2026 with order bookings of six billion (bn), and it is currently managing an enquiry pipeline of more than 40 bn for FY2027, which the board said provided clear visibility for future order inflows. Based on the current pipeline and business momentum, management is targeting order inflows exceeding eight bn during the year. Kilburn has also partially prepaid term debt ahead of schedule and expects to be net debt-free by June 2026, a development that materially strengthens the balance sheet. The improved financial position is cited as enabling investment in growth initiatives.

With a focus on scalable and margin-accretive expansion, the company intends to pursue disciplined capital allocation and technology-led growth through global partnerships and collaborations. Selective strategic opportunities and acquisitions will be considered where they add value and align with core capabilities in drying and energy management solutions. Execution capability and a robust enquiry pipeline are highlighted as foundations for sustainable value creation.

Kilburn Engineering is described as a pioneer in industrial drying and energy recovery systems serving carbon black, petrochemicals, fertilisers, steel, pharmaceuticals, and tea sectors, and is headquartered in Mumbai with a manufacturing facility in Thane and a production plant in Pune operated through its subsidiary M.E. Energy. The company noted over four decades of engineering experience and a track record of customised solutions for critical industrial processes. A standard disclaimer was included that forward-looking statements may differ due to various factors.

Kilburn Engineering has appointed Amritanshu Khaitan as non-executive chairman of the board, with the appointment effective from 21 April 2026 following the completion of the term of the company’s independent chairman, Manmohan Singh, who will retire in line with governance norms. The board recorded its appreciation for Mr Singh’s leadership and contributions during his tenure. The change is presented as a continuity measure to lead the company into its next phase of growth. The company and its subsidiaries closed FY2026 with order bookings of six billion (bn), and it is currently managing an enquiry pipeline of more than 40 bn for FY2027, which the board said provided clear visibility for future order inflows. Based on the current pipeline and business momentum, management is targeting order inflows exceeding eight bn during the year. Kilburn has also partially prepaid term debt ahead of schedule and expects to be net debt-free by June 2026, a development that materially strengthens the balance sheet. The improved financial position is cited as enabling investment in growth initiatives. With a focus on scalable and margin-accretive expansion, the company intends to pursue disciplined capital allocation and technology-led growth through global partnerships and collaborations. Selective strategic opportunities and acquisitions will be considered where they add value and align with core capabilities in drying and energy management solutions. Execution capability and a robust enquiry pipeline are highlighted as foundations for sustainable value creation. Kilburn Engineering is described as a pioneer in industrial drying and energy recovery systems serving carbon black, petrochemicals, fertilisers, steel, pharmaceuticals, and tea sectors, and is headquartered in Mumbai with a manufacturing facility in Thane and a production plant in Pune operated through its subsidiary M.E. Energy. The company noted over four decades of engineering experience and a track record of customised solutions for critical industrial processes. A standard disclaimer was included that forward-looking statements may differ due to various factors.

Technology

12 Jun 2026

LTTS Partners with Databricks to Advance Industrial AI

L&T Technology Services (LTTS) has entered a strategic partnership with Databricks to co-develop Industrial AI solutions for asset-intensive industries, including energy, petrochemicals, and manufacturing. The collaboration leverages LTTS’ engineering expertise across 600+ major plants with Databricks’ AI and analytics platform to convert operational data into actionable Engineering Intelligence.The partnership will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimisation, Overall Equipment Effectiveness, Production and Quality Intelligence, and Sust..

Infrastructure Urban

12 Jun 2026

Opptra Partners with Unicommerce to Scale AI-Driven E-Commerce

Opptra, the AI-native e-commerce distributor founded by Flipkart co-founder Binny Bansal, has partnered with Unicommerce to enhance operations across India, the GCC, and Southeast Asia. The collaboration integrates Opptra’s brand expansion expertise with Unicommerce’s AI-led Uniware platform, enabling centralised management of orders, inventory, and fulfilment across warehouses, stores, and sales channels.Opptra retains full commercial ownership of online brand operations, from marketplace strategy and pricing to fulfilment and customer service. Leveraging Unicommerce’s 350+ integrations..

Real Estate

12 Jun 2026

AHS Properties Acquires Shangri-La Hotel for AED 1.1 Billion

AHS Properties has acquired the Shangri-La Hotel on Sheikh Zayed Road for AED 1.1 billion from Mismak Asset Management, marking one of the largest single-asset real estate deals in recent history. The 43-floor, 200-metre tower, completed in 2003, was among the first five-star hotels on the corridor.This acquisition complements AHS Tower and AHS City, forming a vertical corridor strategy that represents a substantial portion of the developer’s AED 50 billion year-end 2026 pipeline. Founder and CEO Abbas Sajwani described the purchase as a long-term investment in structurally constrained asset..