REMSONSINDBSERemsons Industries LtdMediumPositive
Announced Fri, 8 May · 12:30 IST

Award of Order

Export Order Hard CurrencyBusiness Updates View source PDF

REMSONSIND · 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
-1.7%1-day move
₹115.00
prior close
₹115.21
base price
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AI summary

Remsons Automotive Ltd. (UK), the step-down subsidiary of Remsons Industries Limited, has been nominated by a leading global commercial vehicle OEM for a 10-year pedal box programme. The nomination has an estimated lifetime value of approximately ₹160 Crores over the programme term. Production is scheduled to start in Q4 CY2028 and will run for 120 months. This is an international order awarded by a foreign entity to the company's UK subsidiary.

Likely market impact

This long-term nomination provides revenue visibility for the next decade and strengthens Remsons' position in the global automotive components supply chain. The substantial order value is positive for shareholders as it secures future revenue.