Intimation of receipt of work order by our wholly owned subsidiary company i.e. Dynasty Modular Furnitures Pvt. Ltd.
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Awaiting price reaction for this filing.
Dhabriya Polywood's wholly owned subsidiary, Dynasty Modular Furnitures Pvt. Ltd., has received a work order (LOI) from DLF Group for the supply and installation of modular kitchens, vanity units, and medicine cabinets. The total order value is ₹4.54 Crore (including GST). The project is domestic in nature and is to be executed over 12 months in multiple tranches as per the order terms. The filing clarifies that the order is not a related party transaction and the promoters have no interest in DLF Group.
This is a small, routine order win for the subsidiary and is unlikely to materially move the stock. It adds modest visibility to the modular furniture segment but is not large enough to change the company's overall growth outlook.