Announcement under Regulation 30 (LODR) - Approval of Products under the brand name "RELICAB" for supply and use in MHADA Works.
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Relicab Cable Manufacturing has received approval from MHADA (Maharashtra Housing and Area Development Authority) to supply its products under the 'RELICAB' brand for use in MHADA's electrical works. The approval covers PVC insulated aluminium and copper wires/cables (unsheathed and sheathed), heavy-duty PVC insulated electric cables, and XLPE insulated PVC sheathed cables — all rated up to 1100V and compliant with Indian Standards IS:694, IS:1554, and IS:7098. The approval is valid for two years from the date of issue. MHADA is a major state government body handling housing projects in Maharashtra, and this approval allows Relicab to participate in its procurement process. No order value or revenue quantum has been disclosed in this announcement.
Positive development as it grants the company eligibility to bid for and supply cables to Maharashtra government housing projects for the next two years, potentially adding a stable public-sector revenue stream. However, since no actual order or revenue figure has been announced, the immediate stock impact may be limited until contract awards materialize.