Shares of John Cockerill India Limited surged more than 5% after the company announced that it has secured a major contract worth around ₹300 crore from JSW Steel Coated Products Limited.
The contract involves the design, manufacturing, supply, and supervision of erection and commissioning of a Continuous Galvanizing Line (CGL#3) at JSW Steel Coated Products’ Khopoli plant in Maharashtra. The scope also includes engineering and supply of associated equipment as per the agreed technical specifications, reinforcing John Cockerill India’s capabilities in delivering complex industrial solutions.
The project is domestic in nature and is expected to be executed by May 2028, offering long-term revenue visibility and strengthening the company’s execution pipeline over the coming years. Importantly, the company clarified that the contract does not involve any related party transactions, and there is no promoter or group company interest in the awarding entity, ensuring transparency in the deal structure.
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