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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

₹117.00

base price

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-0.6+3.4+2.6+0.0-1.7-6.1-5.3-7.2-10.2-12.2-19.7-28.4-26.6—

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AI summary

Remsons Industries' UK step-down subsidiary, Remsons Automotive Ltd, has been nominated by a global commercial vehicle OEM for a 10-year pedal box programme with an estimated lifetime value of ₹160 Crores. The start of production is scheduled for Q4 2028. The pedal box is a safety-critical assembly integrating brake and clutch pedals. The nomination follows an extended technical evaluation and competitive sourcing process assessing engineering capability, manufacturing readiness, quality systems, and total landed cost. This programme moves Remsons from individual components to integrated, safety-critical sub-assemblies and reinforces the UK subsidiary's role as the Group's gateway to European OEM business.

Likely market impact

This landmark nomination provides clear multi-year revenue visibility extending into the next decade and materially expands the Company's commercial vehicle order book, which should be positive for shareholders.