Remsons Industries Secures ₹60 Crore Commercial Vehicle OEM Order, Shares in Focus

1767329260409.webp
Mumbai, January 2, 2026Remsons Industries Limited (BSE: 530919 | NSE: REMSONSIND) announced the receipt of a significant business award from a leading Indian commercial vehicle manufacturer for the supply of gear shifter assemblies with push-pull cables, valued at ₹60 crore, strengthening its order book visibility over the medium term.

Order Details and Execution Timeline​

The contract entails the supply of gear shifter systems with push-pull cables for commercial vehicle applications. Supplies are scheduled to commence from Q1 FY27, with the execution spread over a period of 60 months. The cumulative order value of ₹60 crore is to be realised over the five-year tenure, providing long-term revenue visibility to the company’s automotive components business.

Key Contract Highlights​

ParticularsDetails
Product suppliedGear shifter with push-pull cables
CustomerLeading Indian commercial vehicle OEM
Order value₹60 crore
Execution period60 months
Supply commencementQ1 FY27
NatureDomestic supply
Related party involvementNone

Strategic Significance​

The order reinforces Remsons Industries’ positioning in the commercial vehicle segment, a key end-market for control cables and gear shifting solutions. Long-duration supply contracts of this nature typically support capacity utilisation planning and enhance predictability in cash flows, especially in the auto ancillary space where OEM relationships are critical.
The company indicated that there is no promoter or group interest in the awarding entity and that the contract does not fall under related-party transactions.

About the Company​

Remsons Industries Limited is an Indian auto ancillary company engaged in the manufacturing of control cables, gear shifters, and related components for two-wheelers, passenger vehicles, commercial vehicles, and off-highway applications. The company is listed on both the BSE and the NSE and supplies to domestic as well as international OEMs across multiple automotive segments.

Source:
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Back
Top