Announcement under Regulation 30 (LODR)- Press Release
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Sprayking Limited's subsidiary, Narmadesh Brass Industries Limited, has secured an export procurement contract for brass billets valued at approximately INR 52 million. The purchase order has been received from a Dubai-based company, with the goods to be exported to China. This marks a strategic milestone for the subsidiary, highlighting the group's focus on strengthening its global footprint. Sprayking Limited is a manufacturer and exporter of brass forged and turned components based in Jamnagar, Gujarat.
This INR 52 million export order is a positive development for Sprayking, demonstrating international demand for its brass products and supporting its export-led growth strategy. The order may provide a modest revenue boost, though the impact on stock price will depend on order size relative to the company's overall revenue base.