Meera Industries Secures Rs 20.3 Mn Order for Filament Twister

24 Feb 2026 CW Team

The equipment is specified as a heavy duty filament twister tailored for industrial throughput and durability. The machine configuration addresses high speed twisting and consistent tension control suitable for polypropylene yarn processing. Meera Industries will supply the unit to support manufacture of sewn thread used in packaging sectors where strength and process consistency are critical. The configuration is intended to improve throughput and reduce downtime for customers operating high volume packaging lines.

The company indicated that the project is scheduled for completion in the first quarter of financial year 2026-27. The order was awarded on a domestic basis and has no related party connection, and the promoters have no interest in the customer entity. Meera Industries noted that the details have been filed with the stock exchange under the stock identifier MEERA and scrip code 540519. Installation and commissioning will follow delivery subject to standard acceptance procedures.

Management said it appreciated the confidence shown in its technology and stated that the order underlines its capability to deliver high performance twisting solutions while emphasising execution excellence and timely delivery. The company affirmed continued investment in engineering improvements to enhance customer outcomes. A forward looking statement cautioned that actual results may differ due to changes in market conditions, customer requirements and supply chain dynamics. The company expects the order to support its focus on export led growth and operational scalability.

Meera Industries Limited has secured a domestic order from Indospun LLP for a Filament Twister (Heavy Duty) with a tangential belt spindle drive. The order, placed on 18 February 2026, is for delivery at Silvassa in India and is intended for industrial thread manufacturing. The contract value is Rs 20.3 million (Rs 20.3 mn), reflecting a sale linked to production of polypropylene sewing thread for flexible intermediate bulk containers, cement and fertiliser bags. The equipment is specified as a heavy duty filament twister tailored for industrial throughput and durability. The machine configuration addresses high speed twisting and consistent tension control suitable for polypropylene yarn processing. Meera Industries will supply the unit to support manufacture of sewn thread used in packaging sectors where strength and process consistency are critical. The configuration is intended to improve throughput and reduce downtime for customers operating high volume packaging lines. The company indicated that the project is scheduled for completion in the first quarter of financial year 2026-27. The order was awarded on a domestic basis and has no related party connection, and the promoters have no interest in the customer entity. Meera Industries noted that the details have been filed with the stock exchange under the stock identifier MEERA and scrip code 540519. Installation and commissioning will follow delivery subject to standard acceptance procedures. Management said it appreciated the confidence shown in its technology and stated that the order underlines its capability to deliver high performance twisting solutions while emphasising execution excellence and timely delivery. The company affirmed continued investment in engineering improvements to enhance customer outcomes. A forward looking statement cautioned that actual results may differ due to changes in market conditions, customer requirements and supply chain dynamics. The company expects the order to support its focus on export led growth and operational scalability.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..