Simplex Castings Ltd — Important, 29-11-2025: Company Update

Simplex Castings has secured a significant order from Mazagon Dock Shipbuilders for critical propulsion-system castings for six vessels. This order, valued at ₹4.30 Crores, will be executed within 6-8 months. It underscores the company's advanced metallurgical capabilities in supplying technically complex, high-margin components for India's defence shipbuilding program. Management views this as a breakthrough, expecting recurring orders as naval modernization accelerates, reinforcing Simplex Castings' role as a trusted partner in the maritime defence sector.