Elin Electronics Limited has informed the Exchange regarding a press release dated Jun 10, 2025, titled "Press Release Adding new customers in lighting business.".
ELIN · price
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Awaiting price reaction for this filing.
Elin Electronics has added two new customers in its lighting business segment, marking a key milestone after the end of its exclusive arrangement with Signify India. The company expressed confidence in onboarding more customers going forward. It expects this development to help increase its market share in the lighting segment. No specific revenue figures or order values have been disclosed in the announcement.
This is a positive development for Elin Electronics as it reduces dependence on a single large client (Signify India) and signals diversification of its lighting business, which could support future revenue growth. However, without disclosed order values, the immediate impact on stock price is likely to be limited.