Faze Three Limited Secures Approval Under Government's Production Linked Incentive Scheme

Faze Three Limited Secures Approval Under Government's Production Linked Incentive Scheme​

Faze Three Limited has received approval under the Production Linked Incentive (PLI) Scheme of the Government of India, marking a significant development for the company in the manufacturing sector.

The approval was granted on July 1, 2026, specifically covering the MMF Fabrics and Technical Textiles segment.

Under the terms of the PLI scheme, Faze Three Limited will benefit from incentives tied to incremental sales. The incentive payment structure is based on the additional sales achieved by the company for eligible products beyond the base year sales as defined within the PLI Scheme.

FAZE3Q Stock Price Movement​

Today, shares of Faze Three Limited rallied to close at ₹607.05, gaining 1.34% in the market session. The equity saw a trading volume of 15,982 shares for the day.

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