Marvel Decor Limited Secures Export Purchase Order Worth INR 2.32 Crore from International Entity

1 min read     Updated on 15 May 2026, 11:55 AM
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AI Summary

Marvel Decor Limited has received an export purchase order worth approximately INR 2.32 Crore from an international entity through its ROW Division, covering markets outside India and GCC. The order is for the supply of Motorised Curtains and Blinds on regular business terms and is scheduled to be executed within a period of 2 months. The disclosure was made to the National Stock Exchange of India Limited on 14/05/2026, pursuant to Regulation 30 of the SEBI LODR Regulations, 2015. The company confirmed that the order does not involve any related party transactions or promoter group interest.

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Marvel Decor Limited has announced the receipt of an export purchase order worth approximately INR 2.32 Crore from an international entity, as disclosed to the National Stock Exchange of India Limited on 14/05/2026. The disclosure was made under Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order has been secured through the company's ROW Division, which caters to Rest of the World markets excluding India and GCC.

Order Details

The purchase order involves the supply of Motorised Curtains and Blinds on regular business terms. The identity of the entity awarding the order has been kept confidential. The key parameters of the order are summarised below:

Parameter: Details
Order Value: INR 2.32 Crore
Nature of Order: Regular Purchase Order of Motorised Curtains and Blinds
Awarding Entity: International Entity (Confidential)
Market Segment: ROW Division (Rest of the World, excluding India and GCC)
Execution Timeline: Scheduled to be executed within a period of 2 months
Related Party Transaction: No
Promoter/Group Interest in Awarding Entity: No

Compliance and Disclosure

The disclosure was made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDP0D2/I/3762/2026 dated January 30, 2026. Marvel Decor Limited has confirmed that neither the promoter nor the promoter group nor any group companies hold any interest in the entity that awarded the order. The company has further clarified that the order does not fall within the scope of related party transactions.

The filing was submitted by Mayursinh O. Gohil, Company Secretary (Membership No. A69149), on behalf of Marvel Decor Limited, headquartered at Plot No. 210/211, G.I.D.C Phase - II, Dared, Jamnagar - 361004, Gujarat, India.

Historical Stock Returns for Marvel Decor

1 Day5 Days1 Month6 Months1 Year5 Years
+6.73%+11.00%+13.27%-38.33%-43.94%+98.57%

Could this export order signal Marvel Decor's strategy to expand its ROW Division presence, and which geographies might the company target next for motorised curtains and blinds?

How might a successful execution of this INR 2.32 Crore order within the 2-month timeline impact Marvel Decor's ability to secure larger or repeat international contracts?

Given the growing global demand for smart home automation products, what competitive advantages does Marvel Decor need to develop to scale its motorised curtains and blinds exports significantly?

1 Year Returns:-43.94%