Inox India secures orders worth ₹939 Cr across Industrial Gas, LNG and Cryo-scientific segments

1 min read     Updated on 09 Jul 2026, 06:32 AM
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AI Summary

Inox India has secured orders worth ₹939 Cr across Industrial Gas, LNG, and Cryo-scientific segments since 21st May. The order book includes a 'Mega' order from the space exploration industry and 'Minor' orders for vaporizers and storage tanks.

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Inox India has secured multiple orders worth ₹939 Cr across the business segments of Industrial Gas, Cryo-scientific Solutions and LNG since 21st May till date. The order book was boosted by a 'Mega' order in the Industrial Gas business vertical from the space exploration industry, besides 'Minor' orders for vaporizers and storage tanks. These orders reaffirm the company's position as a trusted partner for advanced cryogenic systems among leading global and Indian customers.

Order Breakdown

The aggregate value of the orders stands at ₹939 Cr, distributed across various segments. The order split includes ₹871 Cr in the Industrial Gas segment, ₹44 Cr in the LNG segment and ₹16 Cr in the Cryo-scientific solutions segment, besides Beverage Keg orders worth ₹8 Cr. The Company has secured multiple orders in the LNG business vertical for storage tanks, dispensers, semi-trailers and LNG Fuelling station equipment. A 'Minor' order was received from ITER as well in this period. The Company has also received multiple orders for disposable cylinders, liquid cylinders, transport tanks and kegs.

Management Commentary

Commenting on the orders, Deepak Acharya, Chief Executive Officer, Inox India Limited, said, "These orders reinforce our position as a trusted global partner for mission-critical cryogenic solutions. As we continue to expand our presence across geographies and end-use sectors, we are witnessing strong momentum in the adoption of cryogenic technologies for increasingly sophisticated applications, particularly in the space sector. This growing global confidence in our capabilities motivates us to continually raise the bar on engineering excellence, innovation and execution. We remain committed to delivering world-class cryogenic solutions that enable critical industries and support our customers' evolving ambitions worldwide."

Order Classification

The company classifies orders based on their value range as follows:

Order Classification Value in ₹ Cr
Minor 10 to 30
Large 30 to 60
Significant 60 to 100
Major 100 to 150
Mega Above 150

Historical Stock Returns for INOX India

1 Day5 Days1 Month6 Months1 Year5 Years
-2.46%+10.28%+0.06%+84.75%+66.79%+117.27%

How will the execution of the 'Mega' order from the space exploration industry impact Inox India's revenue margins in the upcoming fiscal year?

What specific expansion strategies is the company pursuing to capitalize on the growing momentum in the space sector and cryogenic technologies?

How does the current order book composition reflect the company's long-term shift towards high-value industrial gas projects versus LNG infrastructure?

Inox India ED Parag Kulkarni disposes 71,000 shares

0 min read     Updated on 02 Jul 2026, 03:48 AM
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AI Summary

Inox India Executive Director Parag Padmakar Kulkarni disposed of 71,000 equity shares for ₹13,91,07,362.96 via market sales between June 22 and June 29, 2026. Post-transaction, his holding reduced to 150,000 shares, representing 0.165% of the paid-up share capital.

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Inox India Executive Director Parag Padmakar Kulkarni disposed of 71,000 equity shares representing 0.078% of the company's equity share capital. The sale was executed on the market between June 22, 2026, and June 29, 2026, pursuant to a pre-approved trading plan. The total value of the transaction was ₹13,91,07,362.96.

Following the disposal, Kulkarni's holding stands at 150,000 equity shares, constituting 0.165% of the paid-up share capital. The disclosure was made to the stock exchanges on July 1, 2026, under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Jaymeen Patel, Company Secretary & Compliance Officer of Inox India , confirmed the details.

Transaction Details

The table below summarizes the change in shareholding:

Sr. No. No. of Shares Disposed Value of Trade (₹) Holding Post-Disposal % Shareholding Post-Disposal
1 71,000 13,91,07,362.96 150,000 0.165%

The trading plan was initially approved on February 19, 2026. The execution period was revised to conclude on June 29, 2026, instead of June 26, 2026, to accommodate a market holiday. The trades were executed exclusively on the BSE.

Historical Stock Returns for INOX India

1 Day5 Days1 Month6 Months1 Year5 Years
-2.46%+10.28%+0.06%+84.75%+66.79%+117.27%

Will this significant reduction in holdings by an executive director influence investor sentiment regarding the company's future performance?

Does the completion of this pre-approved trading plan suggest that other insiders might also execute similar sales in the near term?

How might the funds raised from this disposal be utilized by Kulkarni, and could it indicate a lack of confidence in the current valuation?

More News on INOX India

1 Year Returns:+66.79%