Surya Roshni’s stock moved over 3% higher after the company announced that it has bagged a fresh order worth ₹105.18 crore, including GST, for the supply of spiral pipes with external 3LPE coating. The update was disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR), confirming a significant addition to the company’s order book.
According to the filing, the order has been awarded by a domestic engineering and infrastructure company. Surya Roshni will be responsible for supplying spiral pipes that meet the required specifications, and the delivery timeline has been fixed for completion by 31 March 2026. The project is based in Gujarat and falls strictly under the domestic category, with no related-party involvement, as clarified by the company.
The management stated that the order is purely a supply-based contract and does not involve any interest from the promoter or promoter group. The company also affirmed that the terms are in line with standard commercial contracts in the sector.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.