Srivasavi Adhesive Gets ₹50.04 lakh Export Order; Shares Slip 1.38%

Mumbai, May 12: Srivasavi Adhesive Tapes said it has received an international purchase order worth ₹50.04 lakh through its wholly owned subsidiary Aneel Coating and Polymers Pvt. Ltd. for the supply of industrial adhesive products.

Company Receives International Adhesive Supply Order

The company informed the National Stock Exchange under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that the order was awarded by Engineering Industries Factory.

According to the regulatory filing dated May 11, 2026, the order has been received by Aneel Coating and Polymers Pvt. Ltd., a wholly owned subsidiary of Srivasavi Adhesive Tapes Limited.

The contract involves supply of Glu 10 Vacuum MD-PVC Membrane Adhesive. The company classified the customer as an international entity in its exchange disclosure.

Srivasavi Adhesive said the total consideration for the order stands at ₹50,04,936, equivalent to approximately $53,244. The execution timeline for the order is within 30 days.

The company also clarified that neither the promoter group nor related parties have any interest in the entity awarding the contract and that the transaction does not fall under related party arrangements.

Stock Market Snapshot

Srivasavi Adhesive share price remained under pressure despite the order announcement.

The stock opened at ₹57 on the NSE SME platform against the previous close of ₹57.80. As of 9:52 IST on May 12, 2026, the stock traded at ₹57, down 1.38% from the previous closing level, according to exchange data.

The day’s high and low both stood at ₹57 during the session so far.

Market participants appeared cautious despite the export order disclosure, with investors assessing the financial scale and execution impact of the contract on the company’s operations.

Company Background

Srivasavi Adhesive Tapes Limited operates in the adhesive and industrial bonding products segment. The company manufactures and supplies adhesive solutions used across industrial and manufacturing applications.

Its wholly owned subsidiary Aneel Coating and Polymers Pvt. Ltd. focuses on coating and polymer-based adhesive products catering to domestic and export markets.

The latest export-linked order adds to the company’s international business exposure and supports its presence in specialised industrial adhesive applications.

Conclusion

The ₹50.04 lakh international order marks another business development for Srivasavi Adhesive Tapes through its subsidiary operations.

While the immediate stock market reaction remained subdued, the order highlights the company’s participation in export-oriented industrial adhesive supply contracts, as per the exchange filing dated May 11, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/SRIVASAVI/Srivasavi-Adhesive-Tapes-Limited
• https://nsearchives.nseindia.com/corporate/SRIVASAVI_11052026120544_DisclosureUnderReg3011052026signed.pdf