Remsons Industries Limited has informed the Exchange about Awarding of order(s)/contract(s)
REMSONSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Remsons Industries has bagged a business award from a leading Indian Commercial Vehicle (CV) OEM manufacturer for the supply of Gear Shifter with Push Pull Cables. The total order value is ₹60 crore, to be executed over a 5-year (60-month) period, with supplies starting from Q1 FY27. The order is entirely domestic, with no related party involvement and no promoter interest in the awarding entity. This is a multi-year supply contract in the company's automotive component segment.
The order provides strong revenue visibility for the next 5 years and reinforces Remsons' position as a key supplier in the commercial vehicle space. Likely to be viewed positively by the market as it adds to the order book and supports future growth.