Faze Three gets Government of India PLI Scheme approval for technical textiles

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Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹607.00

prior close

₹610.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+0.6% vs market

Other Textile Products peers, median of 179sector+0.0%+1.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.5 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 179Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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 payable on incremental sales of eligible products over the base year sales as defined under the PLI Scheme. The approval gives the company access to government incentives tied to growth in eligible product sales over the coming years.

Likely market impact

Positive: PLI incentive on incremental sales supports future revenue growth and margin expansion for eligible products.