KSB : Bagging orders/contract

17th October, 2022
The General Manager	The Manager
Corporate Relationship Department	Listing Department
BSE Limited	National Stock Exchange of India
1st floor, New Trading Ring,	Limited
Rotunda Building	"Exchange Plaza", C-1, Block G
P J Towers	Bandra-Kurla Complex
Dalal Street, Fort	Bandra (E)
Mumbai 400 001	Mumbai 400 051
BSE Scrip Code: 500249	NSE Symbol: KSB
Dear Sir/Madam,

Subject:KSB Limited has bagged an approval for bid submitted under e- Auction for sale of technology by Bharat Pumps and Compressors Limited (BPCM), Naini, Prayagraj

Ref: Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

This is to inform that KSB Limited has bagged an approval for bid submitted under e-Auction for sale of technology - Intellectual Property Rights / Drawings of Bharat Pumps and Compressors Limited (BPCL), Naini, Prayagraj. The Company is in process of accepting the said contract of sale of technology by BPCL, by paying the required security deposit. The details of the said contract are as following:

a) name of the entity awarding the	Bharat Pumps & Compressors Limited
order(s)/contract(s);
b) significant terms and conditions	The security deposit is to be paid within 7
of order(s)/contract(s) awarded in	days of approval of bid and the balance
brief;	payment alongwith applicable taxes and
	duties to be paid within 21 days of
	approval of bid. On receipt of balance
	payment by BPCL, Delivery Order will be
	issued to the Company.
c) whether order(s)/ contract(s)	Domestic entity
have been awarded by domestic/
international entity;
d) nature of order(s)/ contract(s);	Acquisition	of	technology	rights-
	Intellectual Property Rights/Drawing

Mail to	:	(Head Office) KSB Limited (Formerly KSB Pumps Limited), Mumbai - Pune Road, Pimpri, Pune - 411 018. (India)
		Tel. : [phone] Fax : [phone] Visit us at : www.ksbindia.co.in
Registered Office :	Office No. 601, Runwal R-Square, L.B.S. Marg, Mulund (West), Mumbai- 400 080, Tel. : [phone]
Zonal Offices	:	Chennai • Kolkata • Mumbai • NOIDA	CIN : L29120MH1960PLC011635

e) whether domestic or	Domestic
international;
f) time period by which the	The security deposit is to be paid within 7
order(s)/contract(s) is to be	days of approval of bid and the balance
executed;	payment alongwith applicable taxes and
	duties to be paid within 21 days of
	approval of bid. On receipt of balance
	payment by BPCL, Delivery Order will be
	issued to the Company.
g) broad consideration or size of	Total bid price is INR 28 Crores plus
the order(s)/contract(s);	applicable taxes and duties
h) whether the promoter/	Not interested
promoter group / group
companies have any interest in
the entity that awarded the
order(s)/contract(s)? If yes, nature
of interest and details thereof;
i) whether the order(s)/contract(s)	Does not fall within 'related party
would fall within related party	transactions'.
transactions? If yes, whether the
same is done at "arms length"
.

Kindly take the above information on your records.

Yours faithfully,

For KSB LIMITED

MAHESH GOPAL BHAVE

Digitally signed by MAHESH GOPAL BHAVE DN: c=IN, o=Personal, 2.5.4.20=a633bdf475a070fa3cbc3a395f922df 6ae69d9707ea4e7a384133aae4916a72f, postalCode=416416, st=Maharashtra, serialNumber=eb0451c8d91c9a8cf27507132 9c736c9926e155f2ed6207235739a27d5f6f18 e, cn=MAHESH GOPAL BHAVE

Date: 2022.10.17 21:44:11 +05'30'

Mahesh Bhave

GM-Finance and Company Secretary