Mumbai, Sept. 4 -- In a regulatory filing, the company stated that the order is valued at approximately Rs 23.70 crore and is scheduled to be executed by August 2026.

The company further clarified that the transaction does not constitute a related party transaction under applicable regulatory norms, as its promoters, promoter group, and group companies have no interest in the awarding entity.

CFF Fluid Control is engaged in the business of manufacturing, Overhaul, repairs and maintenance of shipboard machinery, combat system, reference system, test facilities (pneu-mautic, hydraulic, electrical, electrical systems) for submarines and surface ships for Indian Navy.

The company had reported 39.6% YoY increase in net profit to Rs 23.85 cr...