– The company secured new orders worth ₹134.34 crore from DRDO, Indian Navy, Defence PSUs, state government entities and private industries. Its step-down subsidiary IDL Explosives also received additional orders to be executed over two years, further strengthening the group's defence order pipeline and revenue visibility. (Strongly Positive)

EMSLIMITED

– The company received a Letter of Award (LoA) worth ₹102.8 crore from Uttar Pradesh Jal Nigam. The project strengthens EMS's water infrastructure order book and supports future revenue growth. (Positive)

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