
Business Update24 Sept 2026, 10:21 pm
Aastha Spintex Secures ₹25 Cr Greige Fabric Order
AI Summary
Aastha Spintex Limited has announced securing a long-term, non-cancellable order worth approximately ₹25 crore for the supply of Greige Fabric. The order, received from JSK Textile LLP, is for approximately 750 MT of fabric and is executable over two years on an Ex-Mill basis. Execution begins with an initial 30 MT within two months, followed by the balance quantities post-quality approval. This order is expected to expand business operations, strengthen the order book with revenue visibility, enhance customer relationships, improve capacity utilization, and diversify the customer and product mix, contributing to sustainable growth and long-term stakeholder value.
Key Highlights
- Secured ₹25 crore order for Greige Fabric supply.
- Order is long-term, non-cancellable, and executable over two years.
- Expected to improve capacity utilization and operational efficiencies.
- Strengthens order book and provides revenue visibility.
- Enhances customer relationships and diversifies product mix.
Price Impact
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