Textile manufacturer Vishal Fabrics has secured an order worth Rs 100 crore from Kiran Enterprises for the supply of denim fabrics, the company said in its regulatory filing on Tuesday.
Order details
As per the filing, the company will supply a wide and versatile range of premium denim fabrics to key export markets including Nigeria, Egypt, South Africa, Turkey, and Morocco. The order is domestic in nature and will be executed starting January 15, 2026.
The company further clarified that the promoter group has no interest in the awarding entity and the transaction does not fall under related party dealings. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Share price
Shares of Vishal Fabrics rose over 5% following the announcement. Over the past one month, the company’s stock has delivered gains of nearly 5%.