Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015
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Awaiting price reaction for this filing.
Garment Mantra Lifestyle Ltd informed the stock exchanges that its wholly-owned subsidiary, Hylex Fashion Private Limited, has received an order from the Ministry of Ayush, Government of India for the supply of 50,000 Walind white T-shirts in Large size. The total order value is approximately ₹119 lakhs (inclusive of taxes), translating to roughly ₹238 per piece. The order was placed through the Government e-Marketplace (GeM) portal, with delivery required by June 24, 2025 — a tight window of about two weeks from the announcement. Management described this as the company's very first order from the Government of India, calling it an important milestone that validates its institutional supply capabilities.
Positive for sentiment as it marks Garment Mantra's entry into government procurement and could open the door to larger institutional orders in future. However, the immediate financial impact is modest given the ₹1.19 crore order size, and the short delivery timeline could test execution capacity.