Announced Fri, 30 Jan · 18:55 IST

Please find enclosed the Press Release on orders secured from Gaja Engineering Private Limited.

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

Awaiting price reaction for this filing.

AI summary

Simplex Castings Ltd has secured a fabrication order worth ₹22.5 Crore from Gaja Engineering Private Limited. The work involves fabrication and blasting of 2,500 Metric Tonnes of structural components, including built-up beams, gussets, drilled components, rolled sections, girders, and box columns. The order is to be executed over 24 months from the date of the work/purchase order. The company is positioning this as a meaningful addition to its domestic order book and a demonstration of its capability in large-scale structural fabrication for infrastructure and industrial applications. Management has indicated they are aggressively bidding for more such orders to scale across multiple sectors.

Likely market impact

Positive for shareholders — the order strengthens the company's project pipeline and order book visibility over the next two years, though the ₹22.5 Crore value is incremental and execution risks over the 24-month timeline remain.