SPP Pumps Ltd, a wholly-owned subsidiary of Kirloskar Brothers Limited, has secured a major export order worth GBP 11.7 million (approx. ₹149.59 crore) from the international entity Saipem Offshore Construction SPA. Key Deal Highlights: Scope of Work: Supply of vertical pumps and associated spares. Execution Timeline: 52 to 60 weeks from the receipt of the order. Contractual Conditions: SPP Pumps is required to issue a Performance Bond (10% of contract value) and a Warranty Bond (5% of contract value). Strategic Impact: Global Footprint: This order significantly strengthens SPP Pumps' position and market share in the highly competitive UK and international offshore pump industry. Revenue Visibility: The 12-to-14-month execution window provides robust, predictable revenue visibility for the subsidiary in the upcoming fiscal quarters. Governance: The company confirmed that this is an arm’s-length transaction. It does not involve any related-party dealings, and the promoter group holds no interest in the client entity. Outlook: This win underscores Kirloskar Brothers' growing capability to secure large-scale, complex engineering contracts from top-tier global EPC players, reinforcing its status as a leading player in the global fluid management and pumping solutions market.

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