we hereby inform you that purchase order received from Prestigious client for supply of critical non-ferrous valves for defence sector. The Order value is ?10.93 Crore including GST (approx.).
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Meson Valves India Limited has received a purchase order worth ₹10.93 Crore (including GST) from Shree Refrigerations Limited for the supply of critical non-ferrous valves to the defence sector. The order is from a domestic client and is to be executed over 12 to 18 months. The company has confirmed there is no related-party interest in the awarding entity. This is a meaningful new business win for the Goa-based valve manufacturer, supporting its defence order book.
This ₹10.93 Crore defence order is a significant addition to revenue and strengthens the company's presence in the defence segment, which typically commands better margins. Positive for the stock as it boosts visibility on future revenue and demonstrates capability in critical defence supplies.