Artson Limited, formerly known as Artson Engineering Limited, has informed the stock exchanges that it has received a Letter of Commitment / Award from Reliance Industries Limited (RIL) for the supply of storage tanks. The total value of the contract stands at Rs 13.20 crore (excluding taxes).

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to report material developments that may impact investors.

The company’s Security Code is 522134 on BSE.

Details of the Order

As per the official communication dated 20th February 2026, Artson Limited has secured a domestic order from Reliance Industries Limited, one of India’s largest private sector companies.

Key Highlights of the Contract:

• Client: Reliance Industries Limited (RIL)

• Nature of Work: Supply of Storage Tanks (3 Nos.)

• Type of Contract: Lumpsum contract

• Order Value: Rs 13.20 crore (excluding taxes)

• Execution Timeline: Six months for each tank from respective handover dates

• Category: Domestic order

The company clarified that the order is from a domestic entity and does not fall under related party transactions.

Nature and Scope of Work

The contract involves the supply of three storage tanks. Storage tanks are critical infrastructure components widely used in industries such as:

• Oil and gas

• Petrochemicals

• Energy

• Chemical processing

• Industrial manufacturing

Such tanks are designed for safe storage of liquids, gases, and other materials under regulated conditions.

Given Reliance Industries’ diversified operations in energy, petrochemicals, refining, and retail, the order reflects continued demand for industrial infrastructure solutions.

Execution Timeline

The company has stated that the project will be executed within six months for each tank, counted from the respective handover dates.

This structured timeline ensures phased delivery and project management discipline. Timely execution will be key in strengthening client confidence and maintaining operational credibility.

Financial Significance

An order worth Rs 13.20 crore adds to the company’s order book and enhances revenue visibility over the next few quarters.

While the contract is a lumpsum arrangement, the final revenue recognition will depend on project milestones and completion stages.

Such engineering contracts typically contribute positively to:

• Revenue growth

• Order book strength

• Operational utilisation

• Brand reputation

Compliance and Transparency

Artson Limited has complied with Regulation 30 of SEBI LODR Regulations, ensuring transparent disclosure of material developments.

The company specifically clarified:

• There is no promoter or promoter group interest in the awarding entity.

• The order does not fall under related party transactions.

• The transaction is conducted at arm’s length.

Such clarifications are important to maintain governance standards and protect minority shareholder interests.

About Artson Limited

Artson Limited operates in the engineering and infrastructure segment. The company undertakes projects related to:

• Industrial storage solutions

• Engineering fabrication

• Infrastructure development

• Industrial construction

With registered office at:

14th Floor, Cignus, Plot No. 71A,
Kailash Nagar, Mayur Nagar Passpoli,
Powai, Mumbai – 400087, Maharashtra

Corporate Office:

Ground Floor, Mithona Towers-1,
1-7-80 to 87, Prenderghast Road,
Secunderabad – 500003, Telangana

The official communication was signed by Deepak Tibrewal, Company Secretary & Compliance Officer (FCS 8925).

Strategic Importance of the Order

Securing a contract from Reliance Industries Limited is strategically significant for any engineering company. RIL is known for stringent quality standards and large-scale industrial projects.

Winning such orders enhances:

• Industry credibility

• Technical reputation

• Long-term business relationships

• Future bidding opportunities

It may also open doors for additional contracts if the execution is successful.

Market Perspective

Order wins are closely tracked by investors because they directly impact a company’s order book and revenue pipeline.

Investors typically assess:

• Order size relative to company turnover

• Client credibility

• Execution capability

• Margin potential

• Project complexity

While Rs 13.20 crore may be modest compared to mega infrastructure contracts, it remains meaningful for steady business growth.

Engineering Sector Outlook

India’s engineering and industrial infrastructure sector continues to grow due to:

• Expansion in oil and gas

• Petrochemical capacity additions

• Energy infrastructure development

• Industrial corridor projects

Companies involved in fabrication and industrial storage solutions are likely to benefit from sustained capital expenditure.

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