Author: Nishtha Mehrotra | EQMint
JTL Industries Limited (BSE: 534600 | NSE: JTLIND) has secured an export order worth approximately USD 3.4 million (around ₹28 crore) from Canada for 5,000 metric tonnes (MT) of black welded hollow sections. The order is scheduled for execution within the current quarter.
The export order comes as Zenith Multi Trading DMCC, a Foreign Portfolio Investor (FPI) under Category II, holds a 2.81% stake in JTL Industries, equivalent to 1.10 crore shares. The Dubai-based entity is promoted by Hari Shankar Tibrewal, according to the details provided.
According to JTL Industries’ June 2026 shareholding pattern, Zenith Multi Trading DMCC held 11,040,000 equity shares, representing 2.81% of the company’s total shareholding. The entire holding was classified under Foreign Portfolio Investors Category II.
The Canadian order adds to JTL Industries’ efforts to expand its international business and diversify its customer base beyond India. The company manufactures structural steel tubes and pipes, with a product portfolio that includes DFT structural pipes, galvanised iron (GI) pipes, MS black pipes and hollow sections.
JTL Industries operates manufacturing facilities across Punjab, Maharashtra, Chhattisgarh and Himachal Pradesh, including through its subsidiaries. Its cumulative pipe manufacturing capacity stands at approximately 9,36,000 MTPA, with around 3,00,000 MTPA dedicated to backward integration.
The latest export win and the reported foreign investor holding offer two developments to watch as the company pursues growth in international markets.
Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/620d3548-883f-4882-a347-78aa826e2867.pdf
Disclaimer: This article is for information purposes only and is not investment advice.
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