Rappid Valves Secures ₹8.55 crore Indian Navy-Linked Order; Shares Rise 1.54%

Mumbai, June 9: Rappid Valves (India) has received an order worth approximately ₹8.55 crore from Shree Refrigerators Limited for the supply of valves and related components for the Fleet Support Ship (FSS) programme of the Indian Navy.

The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 through an exchange filing submitted to the National Stock Exchange.

According to the regulatory disclosure, the order is domestic in nature and is scheduled to be executed over an approximate period of one year. The company also clarified that neither the promoter group nor related entities have any interest in the awarding entity.

As per the filing, the contract pertains specifically to the supply of valves and associated components for the Fleet Support Ship programme being undertaken for the Indian Navy.

Stock Market Snapshot

Rappid Valves share price moved higher after the order announcement, reflecting investor response to the fresh defence-linked business inflow.

The stock was trading at ₹234, up 1.54%, as of 09:19 IST on June 9, 2026, according to exchange data. Market participants tracked the order value and execution timeline as indicators of near-term revenue visibility.

The company’s disclosure comes amid continued investor interest in engineering and industrial suppliers participating in defence manufacturing and naval infrastructure programmes.

Company Operates In Industrial Valve Segment

Rappid Valves (India) Limited operates in the industrial valves and flow control equipment segment. The company manufactures valves and related engineering products used across industrial applications.

Its business activities include supplying industrial components for sectors requiring fluid control systems and engineered valve solutions. The latest order further adds to its exposure in defence-linked industrial procurement.

The exchange filing stated that the transaction does not fall within related party transactions and has been undertaken at arm’s length.

Order Adds To Execution Pipeline

The ₹8.55 crore contract strengthens the company’s executable order pipeline and provides additional visibility on project-linked revenue over the next year.

The disclosure also underlines ongoing procurement activity linked to India’s naval infrastructure and Fleet Support Ship programme. The company said the order has been awarded by a domestic entity and execution will proceed over the stipulated timeline as per contractual terms.

Source:

• https://www.nseindia.com/get-quote/equity/RAPPID/Rappid-Valves-(India)-Limited
• https://nsearchives.nseindia.com/corporate/RAPPID_08062026151443_Work_Order_Shree_.pdf