Kundan Edifice secures ₹1.44 crore orders from Panasonic

Kundan Edifice Limited has secured confirmed order schedules from Panasonic Life Solutions India Private Limited aggregating to approximately ₹1.44 crore. The supplies are scheduled for execution during May 2026, as per a regulatory filing submitted on May 16, 2026.

Order Details

The confirmed schedules relate to the company's product portfolio comprising LV Flex (Strip Lights), HV Flex (Rope Lights), and Rectifiers. The company has received rolling forecast confirmations from the customer, pursuant to which the corresponding orders are being scheduled and processed in the system.

Execution Timeline

The related purchase orders are expected to be released by the customer in phased quantities in accordance with its procurement and dispatch schedule. This development reflects the ongoing business relationship and order visibility in the company's lighting and electronics product portfolio.

Particulars	Details
Name of Customer	Panasonic Life Solutions India Private Limited
Aggregate Value	Approximately ₹1.44 Crore
Product Categories	LV Flex (Strip Lights), HV Flex (Rope Lights), and Rectifiers
Execution Timeline	Supplies scheduled during May 2026

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.92%	-8.42%	+3.57%	-21.97%	-14.54%	+10.48%

Kundan Edifice Limited has executed the necessary agreements to onboard as an approved supplier for Hettich India Private Limited. The company has finalized a Non-Disclosure Agreement (NDA) and a Supplier Agreement to formalize the engagement. This development was communicated to the National Stock Exchange of India on May 18, 2026.

The onboarding covers the supply of lighting products, SMPS, and integrated lighting solutions specifically designed for furniture applications. This includes the company's entire portfolio of lighting solutions required for furniture. The agreement enables Kundan Edifice Limited to participate in product development and fulfill supply requirements based on customer needs.

Details of the Engagement

The following table outlines the key particulars of the event:

Sr. No.	Particulars	Details
1	Nature of the event	Update on supplier onboarding with Hettich India
2	Name of customer / entity	Hettich India Private Limited
3	Details of the event	Execution of NDA and Supplier Agreement and onboarding as approved supplier
4	Product categories	Lighting product, SMPS and entire lighting solution required for furniture
5	Scope of engagement	Participation in supply and product requirements relating to furniture lighting applications
6	Brief details and impact of the event	Marks progression of business engagement with Hettich India in the furniture lighting segment

Strategic Impact

The approval as a supplier signifies a progression in the business relationship with Hettich India. It positions the company to actively engage in the furniture lighting segment, subject to specific customer requirements and procurement processes. The company is now equipped to address the supply chain needs of Hettich India in this category.