In terms of Regulation 30 of SEBI (LODR) Regulations, this is to inform that company has won order to design, manufacture, supply and installation of Storage Racking System.
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Awaiting price reaction for this filing.
Alphalogic Industries has won an order from Kiranakart Technologies Private Limited, popularly known as Zepto, to design, manufacture, supply and install Storage Racking Systems across multiple locations. The order covers facilities in Indore (Madhya Pradesh), Mumbai (Maharashtra) and Hariyala (Gujarat). The total order value is Rs 1,17,74,459 (approximately Rs 1.18 crore), inclusive of GST. The execution timeline is within this quarter. This is a domestic order with no related party involvement and no interest from promoters or group companies.
The order adds to the company's pipeline but the Rs 1.18 crore value is relatively modest and likely has limited immediate impact on stock price. Positive for expanding customer base into the quick commerce/retail sector.