We hereby inform that the Company has received an enlistment approval from Engineers India Limited (EIL), a Government of India undertaking.
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Cryogenic OGS Limited has been granted enlistment approval by Engineers India Limited (EIL), a Government of India undertaking, recognising it as an approved vendor for the piping spools category. This approval is valid until 31st January 2029 and allows the company to participate in tenders and business opportunities floated by EIL, as well as projects executed by them. The company expects this to strengthen its engagement with public sector and institutional customers. No specific order value or revenue impact has been disclosed at this stage.
This is a positive development for shareholders as vendor enlistment with a major PSU unlocks access to future tenders and government-backed projects, potentially opening a new revenue stream. However, the approval itself does not guarantee any orders, so actual business conversion will need to be tracked over time.