Contract Details
Parties Involved:
- Contractor: Kirloskar Ferrous Industries Limited
- Client: A buyer having office at London, UK (international entity)
Contract Specifications:
- Product: Basic grade pig iron as per specifications mentioned in the contract
- Quantity: 30,000 MT (+/- 5%)
- Delivery Terms: FOB basis
- Payment Terms: Against Letter of Credit payable at sight
- Other terms: Shipping and trade terms as per the contract
Execution Timeline:
Latest shipment must be completed by 15 August 2026
Financial Consideration:
Contract value: Approximately USD 13.51 million
Related Party Status:
- The promoter/promoter group/group companies have NO interest in the entity that awarded the contract
- The order does NOT fall within related party transactions
Geographic Information
- Client location: London, UK
- KFIL registered office: 'One Avante', Level 5, Karve Road, Kothrud, Pune 411038, Maharashtra