Atmastco Defence Systems Private Limited, a wholly owned subsidiary of atmastco , has received approval as an Original Equipment Manufacturer (OEM) on the Government e-Marketplace (GeM) portal. The approval, granted on June 19, 2026, allows the subsidiary to manufacture and supply Bullet Resistant Jackets (V4) conforming to ISI Standard IS 17051 directly to various government departments and agencies.

The registration includes the brand “ATMASTCO” and specifically recognizes the subsidiary as an OEM for the Bullet Resistant Jackets category. This status authorizes the entity to list its products on the GeM platform and participate in government tenders, bids, and other procurement processes.

Operational Implications

With this approval, the subsidiary gains direct access to the public procurement market. The OEM status validates the company's manufacturing capabilities and product quality against the specified ISI standards, facilitating entry into the defense and security supply chain.

The company disclosed this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The application was duly approved, enabling the subsidiary to commence operations as an OEM on the GeM platform immediately.

Atmastco Limited has secured a work order worth Rs 15.00 Crores from Megha Engineering & Infrastructures Ltd. The order entails the supply of pre-fabricated structures, including Piperack 10C and ducting or supporting structures for boilers. The project is located at HRRL, Rajasthan, and falls under the 2075-10A CFBC PKG scope. The company confirmed that the order is from a domestic entity and is commercial in nature.

The execution timeline for the order will follow the terms specified in the purchase order. Atmastco clarified that the contract value of approximately Rs 15.00 Crores is not considered material under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, nor the company's internal Materiality Policy. Despite this, the disclosure was made voluntarily as a measure of good corporate governance.

The filing confirmed that the promoter, promoter group, or group companies hold no interest in the entity awarding the order. Furthermore, the transaction does not qualify as a related party transaction. The information was submitted to the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details