BSERRP Defense LtdHighPositive
Announced Wed, 20 May · 20:30 IST

Please find attached intimation regarding purchase order received from Bharat Electronics Limited (BEL), Machilipatnam Unit.

Govt Defence OrderBusiness Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RRP Defense Limited (formerly Euro Asia Exports Limited) has received a purchase order from Bharat Electronics Limited (BEL), a Government of India Enterprise, for the supply of optical lens components (GE SF Lens 1 and GE SF Lens 2). The order value is INR 29,83,81,230 (approximately INR 29.84 crore) plus applicable GST. Deliveries will begin with sample quantities followed by bulk supplies within 8–10 weeks, with phased monthly deliveries extending up to December 2026. BEL is a domestic PSU, making this a domestic supply contract rather than an export order.

Likely market impact

This is a meaningful contract win from a major defence PSU. The order value of ~INR 29.84 crore provides revenue visibility through December 2026 and signals the company's growing presence in the defence supply chain.