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Kilburn Engineering inks pact to sell 40% stake in Kilburn East End

15 Apr 2026 Evaluate

Kilburn Engineering has entered into a Joint Venture Agreement with Kilburn East End (KEEPL), East End Technologies (EETPL) and Sandip Patnaik, whereby the company has agreed to sell 40% of the equity share capital of KEEPL to EETPL. Consequently, the KEEPL ceases to be a wholly owned subsidiary of company but continues to be a subsidiary of company. EETPL is a joint venture partner of the company.

Earlier, on December 22, 2025, the company had secured its Board’s nod to execute binding term sheet with EETPL to incorporate a joint venture (JV) company. Further, the company incorporated ‘KEEPL’ as a wholly owned subsidiary on January 28, 2026. KEEPL will carry on the business of piping fabrication & erection, structural fabrication & erection, pre-commissioning support for mechanical works, etc. for sectors related to oil/ gas, fertilizers, petrochemicals, steel, etc., in India.

Kilburn Engineering is an India-based company. The company is engaged in process design, engineering, manufacturing, project management and installation of equipment and systems for various process plants.

Kilburn Engg. Share Price

498.15 12.05 (2.48%)
16-Apr-2026 16:59 View Price Chart
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