Cryogenic OGS Limited has secured a significant international purchase order worth $231,820.00 from Honeywell LNG LLC, based in Pennsylvania, USA. The company announced this development on 27-03-2026 in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Specifications

The purchase order involves the supply of LNG Metering Skid equipment to Honeywell LNG LLC. The contract is classified as an international supply of product arrangement, highlighting Cryogenic OGS Limited's expanding presence in the global market.

Regulatory Compliance and Transparency

The company has provided comprehensive disclosure as mandated under Schedule III of the SEBI LODR Regulations. The announcement confirms that this order does not fall within related party transactions and maintains arm's length commercial terms. Additionally, the promoter group and group companies have no interest in Honeywell LNG LLC, ensuring complete independence in the business relationship.

Contract Timeline and Execution

With delivery scheduled by 10 May 2027, Cryogenic OGS Limited has approximately 14 months to manufacture and deliver the LNG Metering Skid. This timeline provides adequate scope for quality production and timely execution of the international contract.

The order represents Cryogenic OGS Limited's continued engagement with international clients in the specialized cryogenic equipment sector, demonstrating the company's technical capabilities and market reach in the LNG infrastructure domain.

Cryogenic OGS Limited has announced the successful incorporation of its wholly-owned subsidiary in the United Arab Emirates, marking a significant step in the company's international expansion strategy. The subsidiary, named Cryogenic OGS Middle East F.Z.E, was incorporated on March 16, 2026, under the regulations of Ajman Free Zones Authority.

Subsidiary Details and Capital Structure

The newly incorporated subsidiary has been established with specific operational parameters designed to support the company's expansion objectives in the Middle East region.

Business Focus and Industry Sector

The subsidiary will operate in the heavy equipment and machinery spare parts trading sector, focusing on import and export activities. As a newly incorporated entity, the subsidiary currently has no turnover, but it represents a strategic investment in expanding the company's geographical footprint and market reach.

Strategic Objectives and Market Expansion

The incorporation of this UAE subsidiary aligns with Cryogenic OGS Limited's broader business strategy to explore growth opportunities and facilitate future expansion in international markets. The establishment in the UAE positions the company to better serve customers in the Middle East region and capitalize on the growing demand for heavy equipment and machinery spare parts in the area.

Regulatory Compliance and Approvals

The subsidiary has been incorporated under the regulations of Ajman Free Zones Authority in the UAE, ensuring compliance with local regulatory requirements. The company has indicated that the proposed timeline for full operational commencement will be determined in accordance with applicable UAE laws and India's Overseas Direct Investment (ODI) regulations.

Management and Governance Structure

Mr. Dhairya Patel, who serves as a Director of Cryogenic OGS Limited, has also been appointed as a Director in the subsidiary company. This appointment ensures continuity in management oversight and strategic alignment between the parent company and its UAE operations. The company has confirmed that promoters, promoter groups, and group companies have no other interests in this transaction beyond the standard subsidiary relationship.