Receipt of Purchase Order from an Infrastructure Company by M/s. N. S. Engineering Projects Private Limited, a Subsidiary Company of the Company.
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Cosmic CRF's subsidiary, N.S. Engineering Projects Private Limited, has secured a purchase order valued at Rs. 835.44 Lakhs (inclusive of GST) from a domestic infrastructure company. The order is for 800 metric tonnes of structural steel products and is to be executed within approximately 3 months, by September 2026. The order is a domestic supply, not a related party transaction, and no promoter group entity has any interest in the awarding company. The disclosure was made under SEBI Listing Regulations.
This is a positive development for Cosmic CRF as it provides revenue visibility for its subsidiary over the next few months. Investors should note that the order is from a single client and should track whether more such orders follow, but overall it strengthens the order book narrative.