We hereby disclose the copy of Press release titled " DN 3000 MM BUTTERFLY VALVES SUPPLIED FOR CRITICAL FLARE STACK ISOLATION APPLICATION TO A LEADING INTEGRATED STEEL PLANT IN GUJRAT, INDIA"
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On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.9 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Chemtech Industrial Valves Ltd has successfully manufactured and supplied DN 3000 MM Double Offset Butterfly Valves to a leading integrated steel plant in Gujarat. Each valve weighs 12 tonnes and is deployed for flare stack isolation in the blast furnace unit. The company won the order against reputed multinational valve manufacturers, highlighting its technical capability in large-diameter, high-performance isolation solutions. The achievement is expected to open doors for similar projects in steel, petrochemical, power, and refinery sectors. No order value or financial figures were disclosed in the filing.
Positive for the company's brand and credibility, demonstrating competitiveness against global players, but the absence of disclosed order value limits assessment of direct financial impact on shareholders.