Announced Tue, 5 May · 12:50 IST

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time and Company''s policy for determining ....

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▲ 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
-1.1%1-day move
₹176.95
prior close
₹174.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.9+5.7+5.7+5.5-1.1-3.9-0.5-1.3-16.8-15.3-19.8-19.8-31.9
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AI summary

Innovators Facade Systems Ltd has received a major work order from Reliance Industries Limited for the design, supply, and installation of façade works at the Anant Vilas Project in BKC, Mumbai. The order value is INR 84.84 crores (excluding taxes), making it a significant contract for the company. The project has an estimated completion timeline of 1 year from the work order date. The client confirmed the order via email on 4th May 2026, with the formal work order documentation currently under preparation. The transaction is not a related party transaction and no promoter interest exists in the entity awarding the contract.

Likely market impact

This is a positive development for the company as securing an INR 84.84 crore order from Reliance Industries represents substantial business momentum and visibility for the next 12 months, which could positively impact the company's revenue and investor sentiment.