Remsons Industries Limited has secured a significant new business award from a leading Indian commercial vehicle (CV) original equipment manufacturer, strengthening its position in the domestic automotive components space. The company has received an order worth ₹60 crore for the supply of gear shifter systems along with push-pull cables, according to its regulatory disclosure.
The contract has been awarded by a domestic CV OEM and covers the supply of gear shifters integrated with push-pull cable assemblies, which are critical components used in commercial vehicle transmission systems. As per the company, supplies under this order are scheduled to commence from Q1 of FY2026–27, reflecting visibility of revenues over the medium term.
The total order value of ₹60 crore will be executed over a period of 60 months, or five years. This long-term execution timeline provides stable business visibility for Remsons Industries and aligns with its focus on expanding its presence with large Indian vehicle manufacturers.
Remsons Industries clarified that the order has been awarded by an Indian entity and is entirely domestic in nature. The company also confirmed that neither the promoter nor the promoter group has any interest in the awarding entity. Additionally, the contract does not fall under related-party transactions.
