In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, this is to inform that company has won order to design, manufacture, supply and installation of Storage Racking System from ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alphalogic Industries has secured an order from Blink Commerce Private Limited (popularly known as Blinkit) to design, manufacture, supply, and install Storage Racking Systems. The work is spread across 8 locations in 7 states — Chennai, Thane, Mumbai, Bangalore, Rangareddy District, Thiruvananthapuram, Srikakulam, and Indore. The order is worth Rs 2.76 crore (inclusive of GST) and needs to be completed within the current quarter. The order has been awarded by a domestic entity, with no related party connection or promoter interest in Blinkit.
Positive development as the company has won business from a well-known quick-commerce brand (Blinkit), which strengthens its order book visibility and brand credibility. However, the order size of ~Rs 2.76 crore is relatively modest, so the immediate impact on stock price or financials may be limited.