Announced Mon, 20 Jul · 10:14 IST

Lighting Division wins L1 government solar lighting order from CREDA, Chhattisgarh

Govt Defence OrderBusiness Updates View source PDF

Price

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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
+10.2%1-day move
₹80.30
prior close
₹84.30
base price
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AI summary

Lords Mark Industries' Lighting Division secured the L1 bid and accepted a work order from CREDA, a Government of Chhattisgarh agency. The contract covers supply, installation, and commissioning of solar home lighting systems (minimum 300 Wp capacity) with a 5-year maintenance contract, to be executed across the entire state of Chhattisgarh. The approved L1 rate is INR 47,625 per system (excluding GST), split into supply (INR 42,000), installation (INR 1,750), and 5-year CMC (INR 3,875). No promoter or related party interest.

Likely market impact

Positive: new state-wide government contract expands the Lighting Division footprint in clean energy. Total order value not disclosed yet.