Remsons Industries Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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

₹117.90

base price

In-mkt

timing

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AI summary

Remsons Industries' UK-based step-down subsidiary, Remsons Automotive Ltd., 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, with start of production scheduled for Q4 CY2028. The order will be executed over 120 months (10 years). This is an international contract awarded by a foreign entity, and the company's promoters have no interest in the awarding party.

Likely market impact

This is a positive development for shareholders as it represents a significant long-term revenue visibility for the group. The 10-year programme adds stability to future cash flows, though the actual annual revenue impact (roughly ₹16 Crores per year) will be modest relative to total group revenues.