Kotyark bags Rs 30.30 Crore biodiesel supply Letter of Intent from IOCL

Govt Defence OrderBusiness Updates View source PDF Explain this filing

KOTYARK · price

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Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹264.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+0.5% vs market

Refineries & Marketing peers, median of 11sector+0.5%+0.5% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.5 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Refineries & Marketing peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kotyark Industries received a Letter of Intent from Indian Oil Corporation (IOCL) for 3,590 KL of biodiesel valued at approximately Rs 30.30 Crores. Supply period is November 2025 to March 2026, with delivery in Gujarat. The order came via tender under Oil Marketing Companies. Management notes OMCs have streamlined by directly issuing LOIs, enabling faster Purchase Order confirmations and showing continuity of its relationship with them.

Likely market impact

Positive order win from a major government PSU; strengthens revenue visibility and reinforces business continuity narrative for shareholders.