We hereby inform that the Company has received a Letter of Intent from Suzlon Western India Projects Limited amounting to Rs. 1,20,46,620/-.
ORDERS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 13 Mar 2026, 01:48 PM IST · BSE ID: bcdbc3b9-5ba4-488e-828d-f3cbcd68e11c
View Original BSE Filing (PDF)
⚡ Quick Answer
Cryogenic OGS Limited secured a significant order win of Rs. 1,20,46,620 from Suzlon Western India Projects Limited on March 13, 2026. This order is for the supply of Root Support and Tip Support products, crucial for wind energy infrastructure. The project is expected to be executed within 8-10 weeks and is a domestic order with no related-party involvement.
🤖 AI Summary
- Cryogenic OGS Limited received a Letter of Intent (LOI) from Suzlon Western India Projects Limited valued at Rs. 1,20,46,620.00 (including GST) on 13 March 2026. The order is for supply of Root Support and Tip Support products — manufactured goods for wind energy infrastructure. Execution timeline is 8–10 weeks. This is a domestic order with no promoter interest or related-party component. The contract falls outside related-party transaction scope.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Order value (including GST)
Rs. 1,20,46,620.00
Execution timeline
8–10 weeks
Customer entity
Suzlon Western India Projects Limited
👥 What This Means For Shareholders
✅
Action Required
No action required — informational filing disclosing order win under Regulation 30 SEBI LODR.
👤
Who Is Affected
All shareholders benefit from demonstration of sales traction and customer validation. No dividend, capital allocation, or voting impact from this order announcement.
🔍
Management Signal
Company pursuing B2B supply contracts in renewable energy infrastructure — consistent with stated business model. Single LOI does not signal material strategic pivot or capacity expansion.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Formal purchase order issuance by Suzlon — LOI progression to binding contract.
Quarterly results disclosure — order revenue recognition and gross margin disclosure.
Order pipeline updates — future LOI/PO announcements from other OEMs or Suzlon repeat orders.
MEDIUM RISK
LOI non-binding; execution and payment risk until PO executed. Single customer concentration exposure if order book lacks diversification.
💡 Investor Takeaway
Cryogenic OGS secured an Rs. 1,20,46,620 LOI from Suzlon for wind energy components with 8–10 week execution. LOI is intent, not contract — formal purchase order confirmation is critical next milestone to assess revenue impact.
⚖️ Strengths & Concerns
✅ Positives
- Order from established Suzlon group — reduces counterparty credit risk and signals industry credibility.
- Quick execution window of 8–10 weeks ensures near-term revenue recognition and cash conversion.
⚠️ Concerns
- LOI is not a binding contract — execution risk remains until formal purchase order signed.
- Order value Rs. 1,20,46,620 is relatively modest — immaterial to financial performance in isolation.
❓ Frequently Asked Questions
What is the total value of the order Cryogenic OGS Ltd received?
Cryogenic OGS Ltd received a Letter of Intent from Suzlon Western India Projects Limited amounting to Rs. 1,20,46,620 (including GST).
When did Cryogenic OGS Ltd receive this order?
Cryogenic OGS Ltd received this Letter of Intent on March 13, 2026.
What products will Cryogenic OGS Ltd supply to Suzlon Western India Projects Limited?
Cryogenic OGS Ltd will supply Root Support and Tip Support products, which are manufactured goods for wind energy infrastructure.
What is the execution timeline for this order?
The execution timeline for the order placed by Suzlon Western India Projects Limited is 8-10 weeks.
Is there any promoter interest in the order received by Cryogenic OGS Ltd?
No, the order received by Cryogenic OGS Ltd from Suzlon Western India Projects Limited is a domestic order with no promoter interest or related-party component.
Questions based on this BSE filing only. For information purposes.