BSESimplex Castings LtdHighPositive
Announced Fri, 30 Jan · 11:10 IST

Please Find Enclosed the Intimation of Receipt of Order from Gaja Engineering Private Limited.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Simplex Castings Ltd has received a fabrication order worth Rs. 22.5 Crores from domestic entity Gaja Engineering Private Limited. The order involves 2,500 MT of fabrication structures, including built-up beams, gussets, drilled components, rolled sections, girders, and box columns. The work is to be completed within 24 months from the issue of the work or purchase order. The transaction is not a related party transaction, and the promoter group has no interest in the awarding entity.

Likely market impact

This is a new domestic order that adds to Simplex Castings' order book and provides revenue visibility over the next 24 months. The size is meaningful for a small-cap company and could support near-term revenue, though execution and delivery timelines will determine the actual impact on earnings.