Vikas Ecotech Ltd receives bulk order worth INR 34.22 million from Olectra Greentech Limited for Fire Retardant Materials

Vikas Ecotech Limited is pleased to announce that it has secured a substantial single order, valued at approximately INR 34.22 million, from Olectra Greentech Limited, one of India's leading innovators in the electric mobility and green energy space. The order involves the supply of fire-retardant materials (Aluminium Trihydrate - ATH).

The execution of this order will be completed in the upcoming quarter, reinforcing Vikas Ecotech's operational reliability and strong supply chain capabilities.

This fresh order from Olectra Greentech highlights the growing confidence in Vikas Ecotech's product performance, technical consistency, and its commitment to delivering sustainable, safety-driven specialty materials. The development also reflects the company's increasing role as a trusted partner in the fireretardant materials segment, catering to evolving requirements in high-growth industries.

The demand for Aluminium Trihydrate (ATH), a critical fire-retardant material, continues to rise with the strengthening of safety regulations and its increasing application across sectors such as electric mobility, construction, automotive, EHV composite insulators and wire & cable. With India's rapid infrastructure and green mobility expansion, the market for fire-retardant chemicals is poised for steady growth, and this order further positions Vikas Ecotech to tap into this momentum.

Shares of Vikas EcoTech Limited was last trading in BSE at Rs. 2.08 as compared to the previous close of Rs. 2.11. The total number of shares traded during the day was 1929297 in over 1069 trades.

The stock hit an intraday high of Rs. 2.12 and intraday low of 2.07. The net turnover during the day was Rs. 4032861.00.

Source : Equity Bulls

Keywords

VikasEcoTech INE806A01020 OrderWin OlectraGreentech