Leading pump maker, Kirloskar Brothers Ltd, on Tuesday (July 14), said its wholly owned material subsidiary, SPP Pumps Ltd, UK, has secured an international order worth GBP 11.67 million (approximately ₹149.59 crore) from Saipem Offshore Construction SPA for the supply of vertical pumps and spares.
The order involves the supply of vertical pumps along with spares and is scheduled to be executed within 52-60 weeks from receipt of the order.
Under the contract terms, SPP Pumps is required to issue a performance bond equal to 10% of the contract value and a warranty bond equal to 5% of the contract value.
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Kirloskar Brothers said SPP Pumps is its flagship international subsidiary with a leadership position in the UK pump industry. The company also said the order has been awarded by an international entity.
Shares of Kirloskar Brothers Ltd ended at ₹1,927.05, down by ₹24.50, or 1.26%, on the BSE.
First Published: Jul 14, 2026 4:13 PM IST
