Penny Stock Below Rs 10: This Microcap Chemical Company Secures Rs 38.70 Crore Supply Order From Solar Industries
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A-1 Limited has secured a domestic supply order worth approximately Rs 38.70 crore from Solar Group of Industries for acids and industrial chemicals, with execution scheduled through October 31, 2026
✨ Key Takeaways
On Monday, Indian equity benchmark indices traded higher, with the benchmark Nifty 50 index rising 13.15 points, or 0.05 per cent, to 24,583.80. Amid the positive market sentiment, A-1 Ltd share price gained 1.83 per cent to Rs 5.02 after the company announced that it had secured a supply order worth approximately Rs 38.70 crore from Solar Group of Industries.
A-1 Limited Bags Rs 38.70 Crore Order
A-1 Limited, formerly known as A-1 Acid Limited, has received a domestic supply order worth approximately Rs 38.70 crore, excluding applicable GST, from Solar Group of Industries. The order involves the supply of acids and industrial chemicals, which form part of the company's core business.
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Download Service BrochureThe order is scheduled to be executed between August 1, 2026 and October 31, 2026. The company stated that the awarding entity is an unrelated third party and that the transaction is being undertaken in the ordinary course of business on an arm's-length basis.
Order Strengthens Revenue Visibility
According to the company, the order strengthens its Order Book and provides near-term revenue visibility, with the entire order scheduled for execution during the current financial year. The company expects the three-month execution period to provide visibility across Q2 and Q3 of FY2026-27.
The company further stated that the order deepens its relationship with Solar Industries India Limited, following earlier supplies to the group. It said the repeat business reflects the customer's continued confidence in its product quality, service reliability and delivery capabilities.
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About A-1 Limited
A-1 Limited, formerly known as A-1 Acid Limited, operates in the acids and industrial chemicals segment. The company supplies chemical products to industrial customers and is focused on building long-term relationships with large corporate clients. The latest order from Solar Group of Industries further strengthens its presence in the domestic chemical supply chain.
The company said the order is expected to support its strategy of developing long-term and repeat relationships with anchor customers, while reinforcing its position as an organised supplier to large industrial corporates.
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Disclaimer: The article is for informational purposes only and not investment advice.