BSECompany Update20 Aug 2026 · 20 Aug 2026, 09:53 pm
Press Release titled "Millworks Technologies Secures Orders Worth Rs. 53.74 Cr.
Millworks Technologies Ltd · 544826
✦ AI Summary▲ PositiveOrder Win
Millworks Technologies Ltd has received confirmed orders aggregating to approximately ₹53.74 Crores, strengthening its business momentum for FY27. The company's total confirmed order book has increased to ₹121.88 Crores, providing strong revenue visibility for the upcoming period.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Millworks Technologies Ltd - 544826 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Millworks Technologies Limited
To, Date: 20th August, 2026
Department of Corporate Services
Bombay Stock Exchange Limited
25th Floor, P. J. Tower, Dalal Street,
Fort, Mumbai- 400 001.
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”) – Receipt of Purchase Order and Press Release.
REF: SCRIP CODE: 544826
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“Listing Regulations”), please take note that the Company has received multiple Purchase Orders during the
period from July 21, 2026 to August 19, 2026, aggregating to approximately ₹53.74 Crores (inclusive of all
applicable taxes and duties) for Bracket, Mounting, Support & Clamp; Body, Casting, Housing & Manifold; Cover,
Flange & Plate; Fastener, Plug & Fitting; Spring; Cam, Lever, Guide & Actuator; Piston & Cylinder Components; Rod,
Axle & Shaft; Diaphragm, Ring & Seal; Bushing, Sleeve & Spacer; Valve & Cock Components; Gauge & Tooling; Pipe,
Tube & Nipple; Electronics, Sensor & Sheet Metal — for OEM assembly components. By this the Confirmed Order
Book of the company expands to ₹ 121.88 Crores for the FY27.
Please also find enclosed herewith a Press Release titled “Millworks Technologies Secures Orders Worth ₹53.74
Cr”, being issued by the Company in this regard.
Further, the detailed disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular
No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-A.
Kindly take note of the same.
Thanking you,
FOR, MILLWORKS TECHNOLOGIES LIMITED
SRIDHAR ACHARYA
MANAGING DIRECTOR
(DIN: 05341880)
Place: Bangalore
Date: 20.08.2026
Enclosure: Annexure A & Press release
GST No.: 29AAPCM1415P1ZV Website: https://millworksindia.com/ AS 9100D Company
Reg Off: No.458/1, 10th A Cross, Phase 4, Peenya Industrial Area, Bangalore – 560058
Email: cs@millworksindia.com CIN NUMBER: U29200KA2021PLC153863
Millworks Technologies Limited
Disclosures as required under SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026. Annexure A
Sl. No. Particulars Response
1. Name of the entity awarding the The orders have been received from multiple
order(s)/contract(s)/Letter of Award domestic and international customers including
(LOA)/Letter of Intent prestigious customers operating in the Aerospace,
Defence, Railways, Semiconductor Machinery and
Springs sectors.
Due to confidentiality obligations and Non-
Disclosure Agreements (NDAs) with the respective
customers, the Company is restricted from
disclosing their names.
2. Significant Terms and conditions of Order(s)/ Bracket, Mounting, Support & Clamp; Body,
contract(s)/Letter of Award (LOA) awarded in Casting, Housing & Manifold; Cover, Flange & Plate;
brief Fastener, Plug & Fitting; Spring; Cam, Lever, Guide
& Actuator; Piston & Cylinder Components; Rod,
Axle & Shaft; Diaphragm, Ring & Seal; Bushing,
Sleeve & Spacer; Valve & Cock Components; Gauge
& Tooling; Pipe, Tube & Nipple; Electronics, Sensor
& Sheet Metal — for OEM assembly components
3. Whether Order(s)/ contract(s) have been Domestic/International
awarded by domestic/international entity
4. Nature of Order(s)/ contract(s) Bracket, Mounting, Support & Clamp; Body,
Casting, Housing & Manifold; Cover, Flange & Plate;
Fastener, Plug & Fitting; Spring; Cam, Lever, Guide
& Actuator; Piston & Cylinder Components; Rod,
Axle & Shaft; Diaphragm, Ring & Seal; Bushing,
Sleeve & Spacer; Valve & Cock Components; Gauge
& Tooling; Pipe, Tube & Nipple; Electronics, Sensor
& Sheet Metal — for OEM assembly components
5. Time period by which the Order(s)/ contract(s) The orders are to be executed as per the respective
is to be executed purchase orders/contracts.
6. Broad Consideration or size of the Order(s)/ Rs 53.74 Crores (inclusive of all taxes and duties)
contract(s)
7. Whether the promoter/promoter group/group No
companies have any interest in the entity that
awarded the Order(s)/ contract(s) If yes nature
of interest and details thereof.
8. Whether the Order(s)/ contract(s) would fall NA
within related party transactions? If yes
whether the same is done at “arm’s length
GST No.: 29AAPCM1415P1ZV Website: https://millworksindia.com/ AS 9100D Company
Reg Off: No.458/1, 10th A Cross, Phase 4, Peenya Industrial Area, Bangalore – 560058
Email: cs@millworksindia.com CIN NUMBER: U29200KA2021PLC153863
Millworks Technologies Secures Orders Worth 53.74 Cr
• Millworks Technologies Limited Secures ₹ 53.74 Crores worth Orders.
• FY27 Confirmed Order Book Expands to ₹ 121.88 Crores.
• Investee Company Quick Pay Private Limited (Quick Pay) Delivers AASHVAST lab for
Indian Army
Bengaluru, 20th August 2026: Millworks Technologies Limited (BSE: 544826), a precision engineering
manufacturer providing machined components, sheet metal parts, and integrated assemblies for
mission-critical applications across railways, aerospace, defence, and semiconductor sectors, has
announced the receipt of confirmed orders aggregating to approximately ₹53.74 Cr, further strengthening
its business momentum for the FY27. With this, the Company’s total confirmed order book has increased
to ₹ 121.88 Cr, providing strong revenue visibility for the upcoming period.
The newly secured projects are primarily from the aerospace, railway and defence sectors, underscoring
the Company’s strong execution capabilities and continued client trust.
The expanded order book reinforces the Company’s position in the industry, while also strengthening its
presence across domestic and international markets. The strong pipeline of secured projects is expected
to support sustained business growth and operational momentum in the near to medium term.
Millworks Technologies is further pleased announce that Quick Pay in which Millwork technologies holds
an equity stake has delivered AASHVAST Lab, With the AASHVAST lab inaugurated by General Dhiraj Seth,
Chief of the Army Staff, Quick Pay's firmware suite becomes part of the Indian Army's own offline
evaluation infrastructure for military electronics. For Quick Pay, this establishes it as an indigenous
firmware assurance partner to the defence establishment, with scope to extend beyond UAVs to other
electronic platforms.
Commenting on the development, Mr. Sridhar Acharaya, Managing Director of Millworks
Technologies Limited said, “The orders we are announcing today strengthen our confirmed order book
and give us clear revenue visibility for FY27. As a newly listed entity, this is an important validation of
our execution track record — a significant portion of these orders has come from a customer that is
part of a leading global manufacturing group, which speaks to the quality and consistency our facilities
are able to hold.
Equally significant for us is the progress at our investee company, Quick Pay. Delivered into a facility
inaugurated by General Dhiraj Seth, Chief of the Army Staff, AASHVAST positions Quick Pay as a first-of-
its-kind indigenous firmware assurance provider for Indian Army electronics. Firmware has historically
been the least examined layer in defence electronics inspection, and Quick Pay has built an offline, in-
house capability that closes that gap for the Directorate General of Electronics and Mechanical
Engineering.
As an equity stakeholder, we expect this capability to build a recurring institutional defence
relationship for Quick Pay and to deepen the Group's participation in the domestic defence electronics
ecosystem. Alongside our own precision manufacturing base in aerospace and defence, our emphasis
will remain on operational discipline, customer satisfaction and capitalising on emerging
opportunities across domestic and international markets.”
About Millworks Technologies Limited
Millworks Technologies Limited, founded in 2021 by Mr. Sridhar Acharya (MD) and Mr. Madhu HK (Whole-
Time Director), is a Beng
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