Receipt of Purchase Order Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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CFF Fluid Control Ltd has received a Letter of Intent (LOI) from the Material Organisation of the Indian Navy for the procurement of various equipment under multiple Navy programs. The order is valued at approximately Rs. 20.58 Crores (inclusive of tax) and is to be delivered by October 2027. It is a domestic order, with no related party interest involved. The disclosure was made under SEBI Listing Regulations, suggesting the order is materially significant to the company.
This is a positive development as it adds a sizeable defence order to the company's order book, improving revenue visibility over the medium term. Given CFF Fluid Control's small base, this Rs. 20.58 Crore order is likely to be a meaningful contributor to its growth, and association with the Indian Navy adds credibility for future defence contracts.