Kilburn Engineering Limited (BSE: 522101), a leading Indian manufacturer of process equipment and industrial drying systems, today announced that it has entered into a definitive Master Agreement with Komline-Sanderson Corporation (KSC), a New Jersey-based global provider of process and environmental equipment.
Under the terms of the agreement, Kilburn will provide manufacturing, engineering, field, and sales representation services to Komline-Sanderson. The collaboration leverages Kilburn's engineering and manufacturing capabilities with KSC's global reach, strengthening the ability to serve customers worldwide and introducing advanced solutions to India.
Key highlights of the agreement include:
- Manufacturing Partnership - Kilburn will exclusively manufacture turbo dryers and paddle dryers for KSC, adhering to international quality standards. Turbo dryers are widely used across food & agriculture, chemicals, pharmaceuticals, minerals, and biomass industries, where efficient and uniform drying is essential.
- Engineering Services - Kilburn will provide detailed engineering, including CAD design, for KSC's global projects.
- Field Services - Kilburn will support installation, commissioning, and maintenance of equipment both in India and internationally.
- Sales Representation - Kilburn has been appointed as a sales representative for KSC's turbo dryers and rotary atomizers in India.
Mr. Ranjit Lala, Managing Director of Kilburn Engineering Limited, said: "This partnership with Komline-Sanderson is a strong endorsement of Kilburn's engineering and manufacturing capabilities. By aligning with a global leader, we will further expand our international footprint and deliver world-class solutions to industries across geographies."
Mr. Amritanshu Khaitan, Director of Kilburn Engineering Limited, added: "This agreement marks another important step in Kilburn's journey of forging technology tieups to strengthen our manufacturing and engineering services. It also enables us to increase our global presence while bringing advanced new products to the Indian market to better serve our customers."
Shares of KILBURN ENGINEERING LTD. was last trading in BSE at Rs. 554.70 as compared to the previous close of Rs. 545.00. The total number of shares traded during the day was 164040 in over 2191 trades.
The stock hit an intraday high of Rs. 564.80 and intraday low of 541.20. The net turnover during the day was Rs. 90791901.00.