BSECompany Update20h ago · 23 Jul 2026, 11:12 am
As enclosed.
PTC Industries Ltd · 539006
✦ AI Summary▲ PositiveOrder Win
PTC Industries Ltd has received a design and development order from ARDE, DRDO for a Titanium Cradle for the 105mm Indian Light Weight Tank. This marks PTC's entry into fit-for-purpose design of mission-critical defence components.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
PTC Industries Ltd - 539006 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Attachments (1)
📄pdf
Download →
17b94c51-f0d2-482e-806b-4e17a21ccc65.pdf
View document text
PTC INDUSTRIES LIMITED
Advanced Manufacturing & Technology Centre
NH 25A, Sarai Shahjadi, Lucknow 227 101
Uttar Pradesh, India
Date: July 23, 2026
To, To
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Bandra Kurla Department of Corporate Services - Listing
Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Dalal Street,
Mumbai-400051 Mumbai – 400001
SYMBOL: PTCIL BSE Code: 539006
Dear Sir,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Press Release and Bagging/Receiving of Orders/Contracts
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith copy of Press Release issued by the Company
titled ‘PTC Industries Secures Landmark Order from PTC Industries Receives Design and
Development Order from ARDE, DRDO for Titanium Cradle for Indian Light Weight Tank’ is
enclosed as Annexure -1’
Further, the disclosure required under Regulations 30 of SEBI Listing Regulations read with SEBI
Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as Annexure-2.
This is for your information and record.
Yours faithfully,
For PTC Industries Limited
Pragati Gupta Agrawal
Company Secretary and Compliance Officer
M.No. - 61754
Place: Lucknow
CIN: L27109UP1963PLC002931
Tel: +91 522 7111017 | Fax: +91 522 2265302 | Email: info@ptcil.com | Website: www.ptcil.com
PTC INDUSTRIES LIMITED
Advanced Manufacturing & Technology Centre
NH 25A, Sarai Shahjadi, Lucknow 227101
PTC Industries Receives Design and Development Order from ARDE, DRDO
for Titanium Cradle for Indian Light Weight Tank
Marks PTC’s Entry into Fit-for-Purpose Design of Mission-Critical Defence
Components
Key Highlights
Design and development order from ARDE, DRDO. PTC Industries Limited has received a
design and development order from the Armament Research & Development Establishment
(ARDE), a laboratory of the Defence Research and Development Organisation (DRDO), for a
Titanium Cradle for the 105mm Indian Light Weight Tank.
First order of its kind for PTC. This is an important milestone as it marks PTC’s first order
where the Company will be responsible not only for manufacturing, but also for designing
and developing the component to be fit for purpose, moving beyond conventional build-to-
print manufacturing.
Mission-critical lightweight defence component. The Titanium Cradle supports the main gun
barrel and breech, provides attachment points for the recoil mechanism and recuperator, and
transfers firing and recoil forces safely to the turret structure.
Strengthening PTC ONE™. The order adds an important new capability layer to PTC ONE™ —
From Melt to Mission™, extending the Group’s integrated manufacturing system from
materials, precision components and systems integration into design-led development of
mission-critical defence components.
Long-term light-weighting opportunity. The development has potential relevance beyond
one component, as the light-weighting of tanks, artillery systems and other land defence
platforms is expected to become increasingly important for mobility, deployability and
performance in demanding terrains.
Why This Matters
This is not a routine development or manufacturing order. It is a design-and-develop order,
requiring PTC to take responsibility for creating a component that meets functional, structural
and mission requirements.
It moves PTC up the value chain from build-to-print execution towards design-led
manufacturing, where engineering judgement, material knowledge, structural performance
and manufacturing capability come together.
Titanium is strategically important for defence light-weighting, offering a high strength-to-
weight ratio, fatigue resistance and corrosion resistance for mission-critical applications
where weight reduction directly impacts platform performance.
PTC INDUSTRIES LIMITED
Advanced Manufacturing & Technology Centre
NH 25A, Sarai Shahjadi, Lucknow 227101
The order opens a new area of opportunity for PTC in the design and manufacture of
lightweight Titanium components for Indian tanks, artillery systems and other mobility-driven
defence platforms.
It strengthens India’s indigenous defence capability by creating domestic competence in
advanced Titanium components designed for high-performance land systems.
Lucknow, India — 23 July 2026
PTC Industries Limited, an advanced manufacturing company serving critical and super-critical
aerospace, defence and strategic applications, today announced that it has received a design and
development order from the Armament Research & Development Establishment (ARDE), DRDO,
for a Titanium Cradle for the 105mm Indian Light Weight Tank.
ARDE is engaged in the development of advanced armament systems for Indian defence applications.
The present order relates to the design and development of a critical Titanium component for a
lightweight armament system being developed for the Indian Light Weight Tank programme.
This order represents a significant milestone in PTC’s evolution. Unlike traditional build-to-print
assignments, where the customer provides a defined design and the manufacturer is responsible for
execution, this order requires PTC to participate in the design and development of the component
for its intended functional performance.
With this order, PTC begins to add design-led development capability to its existing strengths in
Titanium materials, precision manufacturing and mission-critical component execution.
A Mission-Critical Titanium Defence Component
The Titanium Cradle is a critical structural component in the armament system. It supports the main
gun barrel and breech, provides attachment points for the recoil mechanism and recuperator, and
transfers firing and recoil forces safely to the turret structure.
For light tank applications, weight reduction is a critical design requirement. Lighter systems improve
mobility, deployability and performance, particularly in high-altitude and mountain warfare
conditions where agility, transportability and rapid deployment are essential.
Titanium alloys are well suited for such applications because they combine high strength, low weight,
fatigue resistance and corrosion resistance. However, translating these material advantages into a
fit-for-purpose defence component requires more than manufacturing capability. It requires design
understanding, material behaviour knowledge, structural performance evaluation, precision
manufacturing and rigorous validation.
The development of the Titanium Cradle will therefore require PTC to bring together its Titanium
expertise, advanced manufacturing capability and engineering development discipline.
PTC INDUSTRIES LIMITED
Advanced Manufacturing & Technology Centre
NH 25A, Sarai Shahjadi, Lucknow 227101
PTC ONE™ — From Melt to Mission™
This order strengthens PTC ONE™ — From Melt to Mission™, the Group’s integrated manufacturing
doctrine for transforming advanced materials into mission-critical components, assemblies and
systems.
Until now, PTC ONE™ has been expressed through the Group’s growing capabilities in critical
materials, Titanium and Superalloy manufacturing, precision investment castings, special processes,
machining and systems-level integration. This ARDE order adds another important dimension:
design-led development for fit-for-purpose defence applications.
The order demonstrates that PTC’s role is expanding beyond material and component manufacture.
It now begins to include the ability to support design, development and optimisation of mission-
critical components where material selection, weight reduction, structural integrity and
manufacturing feasibility must be considered together.
This is a natural extension of PTC ONE™. From Melt to Mission™ does not only mean manufacturing
a part. It means understanding how materials, design, manufacturing, quality and final mission
performance co
[Showing first 8,000 characters — download PDF for full document]