Cosmic CRF Limited's subsidiary operations continue to expand with another significant order win. The company has disclosed that its subsidiary Cosmic Springs & Engineers Limited has secured a new purchase order worth Rs 477.90 Lakhs from an infrastructure company, adding to the recent business momentum.

Latest Order Details

The new order, disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, involves the supply of fabricated steel products with a completion timeline of one month.

Product Specifications

The order encompasses 600 MT of fabricated steel materials divided into two categories:

Previous Order Achievements

This latest order adds to the subsidiary N.S. Engineering Projects Private Limited's recent success in securing three major purchase orders worth Rs 3,135.85 Lakhs. The combined order book demonstrates strong demand for the group's steel fabrication capabilities across different subsidiary entities.

Regulatory Compliance

The company has confirmed that the order follows standard commercial terms with no promoter or group company interest in the awarding entity. The transaction does not fall within related party dealings, ensuring arm's length commercial arrangements. The disclosure was made by Chief Financial Officer R P Mandal on behalf of Cosmic CRF Limited.

Business Impact

The Rs 477.90 Lakhs order reinforces the group's position in the infrastructure supply chain through its subsidiary operations. With tight delivery schedules across recent orders, the company demonstrates operational capability to meet urgent project requirements in the domestic steel fabrication market.

Cosmic CRF Limited has successfully completed the conversion of 18,600 share warrants into equity shares following the board meeting held on March 26, 2026. The board meeting, which was previously scheduled and notified on March 23, 2026, concluded with the approval and execution of the warrant conversion process.

Board Meeting Outcome

The board meeting was conducted as scheduled with the following specifications:

Warrant Conversion Details

The board approved and completed the conversion of share warrants with specific financial terms:

Financial Impact on Capital Structure

The warrant conversion has resulted in changes to the company's capital structure:

Allottee Details and Shareholding Changes

The warrant conversion involved promoter group entities with the following allocation:

Payment Structure and Compliance

The conversion involved a two-stage payment process where warrant holders paid Rs.403.50 per warrant as subscription amount and Rs.1,210.50 per warrant as exercise price, totaling Rs.2,25,15,300.00 as balance exercise price. The newly allotted equity shares rank pari passu with existing equity shares in all respects.

The company has informed BSE Limited about the completion under Regulation 30 of SEBI Listing Regulations, with Company Secretary & Compliance Officer Priya Sayani signing the disclosure documents to ensure regulatory compliance.