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The order involves the supply of engineering components as per agreed specifications. Deliveries will be made on a For site basis according to the buyer's schedule, while payment will be made within seven days of material acceptance. The supplied material will be accompanied by a Material Test Certificate (MTC), and all other terms and conditions will be governed by the purchase order. The order is scheduled to be executed by 30 July 2026.
The company clarified that the contract does not fall under related-party transactions and that neither its promoters nor members of the promoter group have any interest in the award of the order.
Shayona Engineering provides customized solutions for precision castings in special grades, with weights ranging from a few grams to 3 metric tons in a single piece.
For the financial year ended 31 March 2026, the company's standalone net profit surged 66.9% to Rs 4.04 crore from Rs 2.42 crore in the previous year. Revenue from operations increased 73.9% year-on-year to Rs 40.27 crore in FY26.
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