Kirloskar Ferrous Wins USD 13.51M Pig Iron Contract

Counterparty: A buyer having office at London, UK (international entity)

Product Specifications: Supply of basic grade Pig Iron as per specifications mentioned in the contract

Quantity: 30,000 metric tons (+/- 5% variation allowed)

Delivery Terms: FOB (Free On Board) basis

Payment Terms: Against Letter of Credit payable at sight

Contract Value: Approximately USD 13.51 million

Execution Timeline: Latest shipment must be completed by 15 August 2026

Additional Terms: Other terms relating to shipping and trade are as per the contract

Promoter/Promoter Group Interest: No interest exists in the entity that awarded the contract

Related Party Transaction: Does not fall within related party transactions

Arms Length Nature: Confirmed as arms-length transaction