Announced Mon, 25 May · 14:25 IST

We hereby inform that the Company has received an enlistment approval from ADNOC (Abu Dhabi National Oil Company)

Export Order Hard CurrencyBusiness Updates View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

+10.4%1-day move

₹202.00

prior close

₹205.25

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+3.5+3.5+3.5+3.5+10.4+5.4+4.2+5.4+5.0+14.5+35.6+38.6+44.6—

Up moveDown movePending

AI summary

Cryogenic Ogs Ltd has received enlistment approval from ADNOC (Abu Dhabi National Oil Company) as an approved vendor for Metering Skids category (Metering Skids Liquids and Gases). The company has been assigned Manufacturer ID Code 20037655. This approval enables the company to participate in ADNOC tenders and business opportunities in this category. The management expects this to strengthen the company's international market presence. However, this is vendor qualification/approval rather than an actual order or contract.

Likely market impact

Shareholders should note this is an enabling development that allows the company to bid for ADNOC projects; no immediate revenue impact as no firm orders have been disclosed.