Announced Mon, 3 Nov · 12:37 IST

We hereby disclose the copy of Press Release titled "CHEMTECH INDUSTRIAL VALVES LTD ACHIEVES MILESTONE SUPPLIES OF 100 NOS PATENTED LINE BLINDS"

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Chemtech Industrial Valves Ltd announced it has achieved the milestone of supplying 100 units of its patented Line Blinds across sizes ranging from DN 100 MM to DN 600 MM, within just two years of receiving its patent. The company has expanded the product line up to DN 900 MM and is working on sizes up to DN 1500 MM for high-pressure and high-temperature pipelines. These line blinds have been installed in several of India's largest steel plants, handling hazardous gases like coke oven gas, blast furnace gas, and mixed gas, with strong customer feedback on safety and time savings. The company is also seeing repeat orders and recently supplied 4 units for a greenfield blast furnace project. Looking ahead, Chemtech plans to target new sectors including oil & gas, chemicals, marine, ports, power plants, and fertilizers.

Likely market impact

This milestone signals strong product validation and growing customer adoption of Chemtech's patented technology, which could support future order growth. Positive for investor sentiment as it demonstrates the company's innovation pipeline is translating into real-world commercial success.