Rappid Valves (India) Limited has secured an order worth approximately ₹18.05 crore from Bharat Heavy Electricals Limited (BHEL) for the Indian Navy's 5 Fleet Support Ships Programme. The contract involves the supply of valves and components, marking a significant development in the company's defense sector engagements. The order value excludes taxes and is expected to bolster the company's revenue stream in the upcoming fiscal periods.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order is domestic in nature and does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract. Furthermore, the transaction does not fall under related party transactions.

Order Details and Execution Timeline

The execution of the order is structured in two phases. The supply for three ships is to be completed within approximately one year, while the remaining two ships are scheduled for delivery by FY 2027-28. This phased approach aligns with the Indian Navy's fleet support requirements.

Contract Specifications

The company confirmed that there are no promoter interests in BHEL and that the transaction was conducted at arm's length. The order underscores Rappid Valves' capabilities in manufacturing critical components for defense applications.

Rappid Valves (India) Limited has secured an order worth ₹8.55 crores from Shree Refrigerators Limited for the supply of valves and related components towards the Indian Navy's Fleet Support Ship (FSS) programme. The order, disclosed on June 08, 2026, is expected to be executed over a period of approximately one year, marking a significant development in the company's defense sector engagements.

The order was awarded by Shree Refrigerators Limited, a domestic entity, and does not involve any interest from the promoter, promoter group, or group companies of Rappid Valves. The transaction has been confirmed as falling outside the scope of related party transactions, ensuring it was conducted at arm's length.

Order Details

The disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the specific parameters of the contract. The following table summarizes the key financial and operational details of the agreement:

The company confirmed that the broad consideration for the contract stands at ₹8,55,00,000. This order reinforces Rappid Valves' participation in critical defense infrastructure projects, specifically supporting the Indian Navy's logistical capabilities through the FSS programme.