Cancellation of order.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Umiya Tubes Limited has informed BSE that a major order received from M/s Cocreate Global Technologies Private Limited has been cancelled. The company had announced the receipt of this order just two days earlier on 22nd April 2026, and is now disclosing its cancellation on 24th April 2026 as a material event under SEBI Listing Regulations. The company has not disclosed the financial value of the cancelled order or the reason for cancellation. The filing is signed by Whole Time Director Viral Ranpura.
Negative for shareholders — the cancellation of a major order just two days after it was announced raises concerns about order book stability and revenue visibility, and may put short-term pressure on the stock price.