Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Man Industries (India) has informed that the Company’s New ERW Plant at Anjar, Gujarat, has recently been Certified by API to manufacture Electric Resistance Welded (ERW) Pipes, complementing its existing approvals for Helical and Longitudinal Submerged Arc Welded Carbon Steel Pipes. Further, in the mission of high value products, the Company has also commenced the commercial production of Hot Induction Bends and the Company has also got three Prestigious International Orders. This certification reaffirms the company's commitment to upholding global industry standards, ensuring product quality, safety, and efficiency. Recognized worldwide, API Standards play a vital role in enhancing the safety and reliability of operations within the oil and gas sector. Further, the company would focus on participating in upcoming API ERW pipeline tenders, which will eventually strengthen the financial health of the company.
| Company Name | CMP |
|---|---|
| Tata Steel | 206.60 |
| JSW Steel | 1215.20 |
| SAIL | 166.10 |
| Jindal Stainless | 779.95 |
| APL Apollo Tubes | 2064.15 |
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