Clarification Regarding work order received from L &T
Price
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Awaiting price reaction for this filing.
Gabion Technologies India Ltd had received a work order from Larsen & Toubro Limited on January 16, 2026, valued at Rs. 36.25 lakh (inclusive of GST), to supply gabion boxes for the Mumbai-Ahmedabad High Speed Rail Project (Package MAHSR-C-3). The company is now clarifying that due to changes in technical specifications, the execution/continuation of this work order stands cancelled as of now. Further confirmation is awaited from L&T, and the company has committed to disclosing any revised or additional order to the stock exchange.
Negative — the order has been cancelled, though the financial impact is limited given the small size (Rs. 36.25 lakh). Shareholders should watch for any revised or replacement order from L&T, and the loss of association with a marquee project like the Mumbai-Ahmedabad Bullet Train may dent sentiment.