Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time & company''s policy for determining ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Innovators Facade Systems Ltd has secured two new work orders totalling approximately INR 223.79 Crores for design, supply, installation, testing, and commissioning of façade and glazing works. The first order, valued at around INR 146.19 Crores, is from Aditya Birla Real Estate Limited for the 'Tower B, Birla Niyaara' project in Worli, Mumbai, with an expected completion period of 987 days. The second order, worth about INR 77.60 Crores, is from K Raheja Corp for the 'Baner 94_97' project in Pune, with a 24-month completion timeline. Both orders are from domestic clients, with no promoter group or related party interest involved.
This is a significant order win for the company, boosting its order book and providing strong revenue visibility over the next 2-3 years. Shareholders should view this positively as it strengthens the company's position with marquee real estate clients and supports future growth.