Kirloskar Ferrous Industries has been declared as ‘Preferred Bidder’ by Government of Karnataka in respect of electronic auction conducted on January 27, 2025 for ‘Jambunatha Iron Ore Mine’ based on the highest final price offer submitted by the Company.
The grant of mining lease by the Government of Karnataka in respect of aforesaid iron ore mine shall be subject to making necessary payments, completion of other terms and conditions of the Tender Document, obtaining of necessary approvals / permissions / clearances from various Government Departments / Agencies and execution of necessary agreements / deeds in relation thereto.
Kirloskar Ferrous Industries (KFIL) was formed with the intention of transforming the high-quality Pig Iron and Grey Iron casting industry. With a parent company that possesses a rich 130-year manufacturing and engineering legacy, KFIL has been built on a solid foundation of innovation and customer centricity.
| Company Name | CMP |
|---|---|
| Tata Steel | 214.45 |
| JSW Steel | 1277.70 |
| SAIL | 184.80 |
| Jindal Stainless | 755.10 |
| APL Apollo Tubes | 1948.80 |
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