Announced Wed, 1 Jul · 18:37 IST
Faze Three gets approval under Government PLI Scheme for textiles segment
FAZE3Q · price
▲ 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
+2.1%1-day move
₹607.00
prior close
₹610.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1-0.1-0.2—+2.1+0.9-0.6-5.8-2.9-1.7-10.8———
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AI summary
Faze Three Limited has received approval under the Government of India's Production Linked Incentive (PLI) Scheme in the MMF Fabrics and Technical Textiles segment on July 1, 2026. The incentive will be paid on incremental sales of eligible products over base year sales as defined under the scheme. No financial value of the approval has been disclosed in this filing.
Likely market impact
Positive for shareholders as PLI approval brings government incentives on incremental textile sales, potentially boosting margins and future growth.