BSECompany Update16 Sept 2026 · 16 Sept 2026, 06:41 pm
Intimation regarding execution of Memorandum of Understanding (MOU) with Ratanmoti Texfab Pvt. Ltd. for a long term arrangement relating to coating and lamination of fabrics for applications in Defence Industry.
Candour Techtex Ltd · 522292
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Candour Techtex Ltd has entered into a Memorandum of Understanding (MOU) with Ratanmoti Texfab (India) Pvt. Ltd. for a long-term arrangement relating to coating and lamination of fabrics for applications in the Defence Industry.
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Candour Techtex Ltd - 522292 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Candour Techtex Limited
Regd Office: 108/109, T.V. Industrial Estate, 52, S.K.Ahire Marg, Worli, Mumbai-400030, Maharashtra, India
Phone:022-24950328; Mobile no.: 9324802995 / 9324802991. Email: jrgroup@jrmehta.com;sales@cteil.com
CIN: L30305MH1986PLC040119
Date: September 16, 2026
To, To,
The Listing Manager, The Listing Manager,
The BSE Limited, Listing Department,
Phiroze Jeejeebhoy Towers, The Metropolitan Stock Exchange of India
Dalal Street, Fort, Mumbai - 400001 Limited, Building A, Unit 205A, 2nd Floor,
Piramal Agastya Corporate Park, L.B.S Road,
Kurla West, Mumbai - 400070
Scrip Code: 522292
Scrip Id: CANDOUR MSEI Symbol: CANDOUR
Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 - Intimation regarding
execution of Memorandum of Understanding with Ratanmoti Texfab (India) Pvt. Ltd.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we wish to inform you that Candour Techtex Limited has entered into a Memorandum of
Understanding (MOU) with Ratanmoti Texfab (India) Pvt. Ltd., Kolhapur, for a long-term arrangement
relating to coating and lamination of fabrics for applications in the Indian Defence Industry.
The detailed Press Note in this regard is enclosed herewith for your information and records.
Request you to take the same on your records and oblige.
Thanking You.
ours faithfully,
CHAIRMAN & MANAGING DIRECTOR
DIN: 00193029
Candour Techtex Limited
Regd Office: 108/109, T.V. Industrial Estate, 52, S.K.Ahire Marg, Worli, Mumbai-400030, Maharashtra, India
Phone:022-24950328; Mobile no.: 9324802995 / 9324802991. Email: jrqgroup@jrmehta.com;sales@cteil.cam
CIN: L30305MH1986PLC040119
Candour Techtex Limited
BSE Scrip Code: 522292 MSEI Symbol: CANDOUR
Scrip ID: CANDOUR
FOR IMMEDIATE RELEASE
Candour Techtex Limited Enters into MOU with Ratanmoti Texfab (India) Pvt. Ltd. for Coating
and Lamination of Fabrics for Defence Applications
Malegaon, Maharashtra - 16-09-2026
Candour Techtex Limited (“CTL” or “the Company”), Malegaon, is pleased to announce that it has
entered into a Memorandum of Understanding (MOU) with Ratanmoti Texfab (India) Pvt. Ltd.
(“RMTF”), Kolhapur, for a long-term arrangement relating to the coating and lamination of fabrics
intended for applications in the Indian Defence Industry.
Under the proposed arrangement, RMTF will supply fabrics to CTL, which will undertake the
required coating and lamination processes at its manufacturing facilities, in accordance with the
applicable specifications and quality requirements. The processed fabrics will thereafter be supplied
by RMTF to:
Aerial Delivery Research and Development Establishment (ADRDE)
Defence Research and Development Organisation (DRDO)
Station Road, Agra Cantt,
Agra - 282 001.
The MOU represents an important development for CTL as its coating and lamination capabilities
are proposed to become part of the supply chain serving ADRDE/DRDO through RMTF. The
association provides the Company with an opportunity to participate in the development and supply
chain for specialised coated and laminated textile materials intended for defence-related
applications.
Through this arrangement, CTL will contribute its technical expertise and manufacturing capabilities
in the processing, coating and lamination of technical fabrics, with a focus on consistently
meeting the specified technical, quality and performance requirements applicable to such specialised
applications.
The proposed association also aligns with CTL’s broader objective of expanding the application of its
processing capabilities into technical textiles, specialised industrial applications and defence-
related textile requirements. The Company believes that its experience in coating and lamination
can support the growing requirement for engineered textile materials where specific functional and
performance characteristics are required.
Candour Techtex Limited
Regd Office: 108/109, T.V. Industrial Estate, 52, S.K.Ahire Marg, Worli, Mumbai-400030, Maharashtra, India
Phone:022-24950328; Mobile no.: 9324802995 / 9324802991. Email: jrqgroup@jrmehta.com;sales@cteil.com
CIN: L30305MH1986PLC040119
The MOU further provides CTL with an opportunity to establish and develop its presence in a
specialised segment of the technical textile industry and to work with an established industry
participant such as RMTF in addressing application-specific requirements.
Commenting on the development, Mr. Jayesh R Mehta, Managing Director, Candour Techtex
Limited, said:
“We are pleased to enter into this MOU with Ratanmoti Texfab (India) Pvt. Ltd. The proposed
association provides Candour Techtex with an opportunity to apply its coating and lamination
capabilities to specialised technical textile requirements serving the defence sector. We look forward
to leveraging our manufacturing expertise and maintaining the required quality and technical
standards as the relationship progresses.”
CTL will continue to focus on strengthening its technical capabilities, manufacturing processes and
product applications across specialised textile segments, while exploring opportunities that can
expand the use of its coating and lamination expertise across diverse industrial applications.
About Candour Techtex Limited
Candour Techtex Limited is engaged in the textile sector with capabilities in the processing, coating
and lamination of fabrics. The Company continues to explore opportunities in specialised and
technical textile applications across various industry segments, with a focus on developing and
delivering products in line with customer-specific technical and quality requirements.
Disclaimer
The proposed arrangement is subject to the terms and conditions of the MOU, applicable technical
specifications, approvals, commercial arrangements and other applicable requirements. The MOU, by
itself, does not constitute a confirmation of any specific order or guaranteed business volume. Any
business volumes, revenues, profitability or financial impact arising from the arrangement will
depend upon actual orders, specifications, customer requirements, execution, commercial terms and
other relevant factors. Accordingly, the financial implications of the proposed arrangement cannot be
determined at this stage.