Ganesh Benzoplast Limited has informed the Exchange about disclosure under Regulation 30 for receipt of EPC order of Rs. 51.33 crore from Reliance Industries ltd
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Awaiting price reaction for this filing.
Ganesh Benzoplast Limited has informed the stock exchange about receiving an Engineering, Procurement and Construction (EPC) order valued at Rs. 51.33 crore from Reliance Industries Limited. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. This is a new business win for the company from a large, creditworthy private-sector client. The order adds to the company's order book and signals continued business traction with a major industrial customer.
Positive for the company as it strengthens the order book with a reputed client and provides revenue visibility. Could support sentiment on the stock, though the Rs. 51.33 crore size needs to be viewed in the context of the company's overall revenue base to judge materiality.