Order winNotableFiled on BSE ·

PTC Industries receives design and development order from ARDE, DRDO for Titanium Cradle

PTC Industries · Industrial Products

Arthneeti Research DeskPublished 1 min read

Key highlights

  • Order awarded by Armament Research & Development Establishment (ARDE), DRDO for design, development, manufacturing of Titanium Cradle for 105mm Indian Light Weight Tank
  • Contract is domestic, with 2.5 years execution period; contract size not disclosed due to strategic confidentiality
  • PTC responsible for engineering design, validation, manufacturing of mission-critical defence component under strict quality and confidentiality norms

Why it's rated notable: The order is binding and domestic, but its consideration is not disclosed and the filing gives no value to size it against annual revenue of ₹697 crore, so the level stays at medium.

Original filing

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.