Image Source: Pexels
Man Industries (India) Limited (INE993A01026) today announced it has secured a significant new export order valued at approximately Rs. 1700 Crores, leading to a notable uptick in its share price.
As of 11:08:39 IST, the company’s equity shares were trading at 417.60, marking an increase of 28.60, or 7.35%, from its previous close of 389.00.
The new order, awarded by an International Customer, is for the supply of various types of Coated Pipes. This international contract, which is valued at roughly Rs. 1700 Crores (Rupees One Thousand Seven Hundred Crores only),, is anticipated to be completed in the next 6 to 12 months.
The company highlighted that this order underscores a robust business environment and reflects the trust customers place in its technological and executional capabilities. With this recent addition, the total amount of unexecuted orders in Man Industries’ book has increased to about Rs. 4700 Crores (Rupees Four Thousand Seven Hundred Crores only).
The company has confirmed that there is no promoter or promoter group interest in the entity awarding the order, and it does not fall under related party transactions.
Following the announcement, the company’s stock opened at 392.00, reached a high of 430.95, and traded with a VWAP (Volume Weighted Average Price) of 420.70.
The company formally communicated this business update to both BSE Limited and the National Stock Exchange of India Ltd on September 3, 2025.
Man Industries Regulatery fillings:
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and includes detailed information as required under Schedule III – Para B (4) of Part A of the same regulations, along with relevant SEBI Circulars.
The filing was signed by Rahul Rawat, Company Secretary for Man Industries (India) Limited.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
