Mumbai, February 12, 2025 – Man Industries (India) Limited has received a significant new order worth approximately Rs. 250 Crores.
Order Announcement: Key Highlights
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Order Details: The new order involves the supply of various types of pipes to both domestic and international clients. The total value of the order is approximately Rs. 250 Crores.
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Execution Timeline: Man Industries plans to fulfill this order within the next 6 to 12 months.
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Unexecuted Order Book: As of February 12, 2025, the company’s total unexecuted order book stands at approximately Rs. 2900 Crores, indicating a substantial backlog of projects in addition to the newly secured order.
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Compliance: The announcement adheres to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Man Industries has provided all necessary disclosures in line with SEBI guidelines.
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No Related Party Transactions: The order was awarded independently, with no involvement from the promoter, promoter group, or related entities.
Industry Developments
In related industry news, Hatsun Agro Product Limited recently acquired equity shares of Milk Mantra Dairy Private Limited, expanding its market footprint. Meanwhile, Himadri Speciality Chemical Ltd has incorporated a wholly-owned subsidiary in the USA to enhance its Carbon Black business.
With a robust order pipeline and a strategic growth approach, Man Industries continues to strengthen its market position. The company’s focus on quality, innovation, and execution excellence remains a driving force behind its sustained success.
Disclaimer: This article is based on publicly available information and regulatory filings. For further details, refer to the official disclosures made by Man Industries (India) Limited.
