Disclosure of intimation pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Receipt New work Order.
Awaiting price reaction for this filing.
Pressure Sensitive Systems (India) Ltd has secured a new work order from domestic client RFBL Flexi Pack Limited to supply goods and services on an order basis. The aggregate value of the contract is INR 150 crore (inclusive of all taxes), to be executed over a 1-year period. The order is from a domestic private entity, and there is no promoter group interest or related-party involvement. The disclosure has been made under SEBI Listing Regulations to keep the stock exchange informed.
This is a sizable contract win (INR 150 crore) for a small-cap company and is likely material to its order book and revenue pipeline, potentially boosting investor sentiment. Execution over the next 12 months will be key — any delays or client concentration risks should be watched.