Receipt of Purchase Order: Intimation Under Regulation 30 of SEBI (LODR) Regulation,2015
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Awaiting price reaction for this filing.
CFF Fluid Control has received a Letter of Intent from the Material Organisation of the Indian Navy for the supply of various equipment for the P75 Project. The total order value is approximately Rs. 23.70 Crores (including tax). Delivery is to be completed by August 2026. The order has been awarded by a domestic entity, is not a related-party transaction, and there is no promoter interest involved. The P75 Project refers to India's naval submarine-building programme.
This is a significant defence order from a prestigious government buyer, which is likely to boost the company's order book and revenue visibility over the next year. Positive for investor sentiment as it validates the company's position as a defence supplier, though execution risk remains given the delivery timeline.