Company Update

Simplex Castings Ltd. has provided further details on a significant domestic order secured from Bhilai Engineering Corporation Ltd. The order involves the manufacture and supply of industrial castings, valued at Rs. 22.37 Cr, inclusive of all applicable taxes and duties.

This substantial contract is anticipated to be executed within 9 to 12 months.

This order strengthens the company's operational pipeline and is a key contributor to its revenue, underscoring its market presence in industrial castings.