Please find the revised intimation with additional details submitted pursuant to the announcement dated 28th July, 2025.
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Awaiting price reaction for this filing.
Simplex Castings Ltd has submitted a revised intimation to BSE providing additional details on a significant order it received from Bhilai Engineering Corporation Ltd, originally announced on 28th July 2025. The order is a domestic contract for the manufacture and supply of industrial castings and components, valued at Rs. 22.37 crores inclusive of applicable taxes and duties. The order is to be executed within 9 to 12 months from the date of order, with standard payment terms, penalties for delay, and quality inspection clauses. The company has clarified that the order is from an unrelated domestic entity and is not a related party transaction, with no promoter or group company interest in the awarding entity.
This is a positive update that gives shareholders clearer visibility on the company's order book. A Rs. 22.37 crore order from a domestic client, to be executed over the next 9-12 months, provides meaningful revenue support, and the absence of any related-party concerns removes a potential governance red flag for investors.