The order entails the design, manufacturing, supply, and supervision of erection and commissioning of a Continuous Galvanising Line (CGL#3) at the client’s Khopoli plant. The scope also includes engineering and supply of associated equipment in line with the agreed technical specifications.
The contract has been awarded by a domestic entity and does not fall under related party transactions. The company clarified that neither its promoter group nor group companies have any interest in the awarding entity.
According to the disclosure, the project will involve comprehensive execution responsibilities, including design, engineering, and installation oversight, reflecting the company’s capabilities in delivering end-to-end industrial solutions. The Continuous Galvanising Line is a critical facility used in steel processing to enhance corrosion resistance and improve product durability.
The execution timeline for the project extends until May 2028, indicating a long-term engagement between the two companies. The order further strengthens John Cockerill India’s presence in the domestic steel infrastructure segment and underscores continued capital expenditure activity in downstream steel processing.
The company submitted the disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with applicable circulars issued in November 2024 and January 2026.
Also read: John Cockerill India shares up nearly 10% in two sessions after Ramesh Damani buys stake
On the BSE, shares of John Cockerill India Ltd rose ₹135.35, or 2.75%, to ₹5,052.00.
