Cryogenic OGS Secures ₹2.76 Crore Order for 70 Truck Loading Skids from Emerson

1 min read     Updated on 29 Sept 2025, 03:18 PM
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Overview

Cryogenic OGS Limited has received a purchase order worth ₹2.76 crore from Emerson Measurement Systems And Solutions India Private Limited for manufacturing 70 truck loading skids. The project includes fabrication, assembly, testing, and delivery of the skids, with completion scheduled for May 2026. This order strengthens Cryogenic OGS's position in specialized skid fabrication and demonstrates growing trust in their capabilities.

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Cryogenic OGS Limited has announced a significant new order, bolstering its position in the specialized skid fabrication market. The company has secured a purchase order worth ₹2.76 crore from Emerson Measurement Systems And Solutions India Private Limited for the manufacturing of 70 truck loading skids.

Order Details

The order, valued at ₹276.50 lakh, encompasses a comprehensive scope of work for Cryogenic OGS. The project involves:

  • Fabrication and assembly of complete skids, including piping and structures
  • Material procurement
  • Preparation of detailed structural drawings
  • Manufacturing, inspection, and testing
  • Painting and mechanical assembly
  • Electrical and instrumentation (E&I) assembly
  • Installation of free issue items
  • Instrumentation and functional testing
  • Preservation and packing of the 70 Truck Loading Skids

Project Timeline and Significance

According to the company's disclosure to the BSE, the project is scheduled for completion by May 2026. This timeframe allows Cryogenic OGS to plan and execute the order efficiently while maintaining its ongoing operations.

Rashmi Kamlesh Otavani, Company Secretary & Compliance Officer of Cryogenic OGS Limited, stated in the BSE filing that "This order further strengthens our position in specialized skid fabrication and reflects the growing trust placed in our engineering and manufacturing capabilities."

Market Impact

The order from Emerson Measurement Systems, a domestic entity, underscores Cryogenic OGS's strong foothold in the Indian market. It also highlights the company's expertise in producing critical equipment for the oil and gas industry, particularly in the area of truck loading systems.

Compliance and Transparency

In adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Cryogenic OGS has promptly disclosed the details of this order to the stock exchange. The company confirmed that the order does not fall under related party transactions and that there is no interest from the promoter or promoter group in the awarding entity.

This new order is expected to contribute positively to Cryogenic OGS's order book and potentially impact its financial performance in the coming quarters. Investors and market analysts will likely keep a close watch on the execution of this project and its impact on the company's growth trajectory in the specialized fabrication sector.

Historical Stock Returns for Cryogenic Ogs

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Cryogenic OGS Limited Sells Gujarat Property for Rs. 1.43 Crores

1 min read     Updated on 18 Aug 2025, 06:58 PM
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Ashish ThakurScanX News Team
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Overview

Cryogenic OGS, a manufacturer of oil and gas equipment, has sold its property in Gujarat for Rs. 1.43 crores. The sale, approved by the board in December 2024, was completed on August 18, 2025. The buyer, Ms. Hetalben Kirtesh Patel, is not related to the company's promoter or group. The transaction complies with regulatory requirements and is not considered a related party transaction.

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Cryogenic Ogs , a manufacturer of oil and gas metering and filtering equipment, has successfully executed a sale deed for its property in Gujarat. The company announced the completion of the transaction on August 18, 2025, marking a significant move in its asset management strategy.

Property Sale Details

The property, located at 187 Por GIDC, Por Ramangamdi-Por, District Baroda, Gujarat, was sold for a total consideration of Rs. 1.43 crores. The buyer has been identified as Ms. Hetalben Kirtesh Patel, an individual not related to the company's promoter, promoter group, or group companies.

Board Approval and Compliance

Cryogenic OGS Limited's Board of Directors had previously approved the authority to sell this property during a meeting held on December 7, 2024. The approval set a maximum consideration of Rs. 1.43 crores, aligning perfectly with the final sale price achieved.

Regulatory Compliance

The company has emphasized that this property sale does not constitute an undertaking or substantially the whole of the undertaking under Section 180(1)(a) of the Companies Act, 2013. This clarification is crucial for shareholders and regulatory bodies to understand the scale and impact of the transaction on the company's overall operations.

Transaction Nature

Importantly, Cryogenic OGS Limited has confirmed that the transaction does not fall within the category of related party transactions. This disclosure ensures transparency and compliance with regulatory requirements, particularly those set by the Securities and Exchange Board of India (SEBI).

Company Background

Cryogenic OGS Limited, formerly known as Cryogenic Liquide Private Limited, specializes in manufacturing oil and gas metering and filtering equipment. The company's registered office and works are located in Por Industrial Park, Vadodara, Gujarat.

This property sale appears to be part of Cryogenic OGS Limited's strategic asset management, potentially aimed at optimizing its property portfolio or reallocating resources. As the transaction complies with regulatory requirements and has been executed at the board-approved price, it represents a structured approach to the company's asset decisions.

Historical Stock Returns for Cryogenic Ogs

1 Day5 Days1 Month6 Months1 Year5 Years
-3.29%-1.47%+34.51%+75.45%+75.45%+75.45%
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