Cosmic CRF

Cosmic CRF Ltd's board approved issuing 7,25,041 equity shares at ₹1,330 apiece, worth about ₹96 crore, in a share swap to acquire the remaining 26% of N.S. Engineering Projects and make the galvanising and infrastructure products maker a wholly owned subsidiary. The company, which took a majority stake in N.S. Engineering through NCLT proceedings in FY24, will hold 100% after the preferential allotment, subject to shareholder approval at an EOGM on 2 September. The allotment is mostly to promoter-group entities, with Invicta Continuum Fund I receiving 60,796 shares. N.S. Engineering contributes roughly 40% of consolidated revenue, which stood at ₹716.60 crore in FY26 with a pre-tax profit of ₹61.80 crore. The board also approved migrating the company's shares from the SME platform to the main boards of the BSE and NSE, and raised its borrowing limit to ₹1,000 crore.

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Cosmic CRF Limited received a Letter of Intent from the Committee of Creditors of Amzen Transportation Industries, declaring it the Successful Resolution Applicant for the railway wagon manufacturer under the Insolvency and Bankruptcy Code. The resolution plan envisages a total consideration of ₹284 crore, payable over 12 months post NCLT approval, or a net present value of ₹266.57 crore within 90 days. The acquisition will give Cosmic CRF a 72.5-acre integrated wagon manufacturing facility in Punjab capable of producing 3,600 to 7,200 wagons a year, significantly expanding its manufacturing footprint outside West Bengal. The company's Supreme Court-declared eligibility (May 2026) had cleared the path for this bid, after earlier NCLAT disqualification. Cosmic CRF's consolidated revenue was ₹716.6 crore in FY26, with an order book of ₹760 crore at the end of May. The transaction remains subject to the approval of the National Company Law Tribunal, with an indicative 12-month completion timeline from payment.

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July 15 (Reuters) - Cosmic CRF Ltd COSM.BO:

• COSMIC CRF LTD- GOT ORDER WORTH 15.8 MILLION RUPEES

Source text: ID:nnAZN4T7YJA

Further company coverage: COSM.BO

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Cosmic CRF Ltd COSM.BO:

• COSMIC CRF - RECEIVES PURCHASE ORDERS TOTALING 86.3 MILLION RUPEES

Source text: ID:nBSE7G2mZs

Further company coverage: COSM.BO

Cosmic CRF Limited announced that Prilika Enterprises, with which its subsidiary Cosmic Springs & Engineers has a business transfer agreement, received prototype approval from RDSO for hot coiled helical springs for freight stock. The approval, granted on July 2, 2026, permits purchase orders for up to 1,000 wagon sets or 60,000 individual springs, including 3,000 for mandatory field trials. This milestone clears a key regulatory hurdle for the subsidiary’s planned acquisition of the spring unit and enables entry into the railway component supply chain. The company expects the development to bolster its railway manufacturing business and create new revenue streams. The approval follows a lengthened certification timeline mentioned in recent management calls, and its receipt may improve investor confidence in the subsidiary’s execution.

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March 31 (Reuters) - Cosmic CRF Ltd COSM.BO:

• COSMIC CRF LTD - SUBSIDIARY RECEIVES PURCHASE ORDERS TOTALING 313.6 MILLION RUPEES

Source text: ID:nBSE3FzssG

Further company coverage: COSM.BO

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Jan 20 (Reuters) - Cosmic CRF Ltd COSM.BO:

• COSMIC CRF LTD - TO CONSIDER FUND RAISING THROUGH VARIOUS MODES

Source text: ID:nBSEc0YSwG

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An alert on Cosmos Health COSM.O expanding its presence in India was incorrectly tagged to India-based engineering company Cosmic CRF Ltd COSM.BO and has been withdrawn.

For the correctly coded alert, click FWN3L50PS

STORY_NUMBER:nFWN3L50XM

STORY_DATE:23/09/2024

STORY_TIME:01:08:27 PM GMT

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** Shares of Cosmic CRF COSM.BO gain 2.7% to 1,770 rupees

** Iron and steel products maker says unit got order worth 1.27 bln rupees ($15 mln) to supply cold-formed steel sheet piles

** Day's gain trims week-to-date losses to 3.6% for stock, which is set to decline for fourth straight week

** YTD, stock more than triples

($1 = 83.5040 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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Sept 19 (Reuters) - Cosmic CRF Ltd COSM.BO:

• COSMIC CRF LTD - UNIT GETS ORDER WORTH 1.27 BILLION RUPEES

Source text for Eikon: ID:nBSE4LmCdb

Further company coverage: COSM.BO

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July 30 (Reuters) - Cosmic CRF Ltd COSM.BO:

• COSMIC CRF - IN DISCUSSION WITH A MAJOR RUSSIAN RAILWAY GIANT FOR TECH TIE-UP

Source text for Eikon: ID:nBSE86nkvZ

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** Shares of Cosmic CRF COSM.BO rise as much as 5.4% to 1,250 rupees; last up 1.2%

** The railway components manufacturer said late on Monday that it received orders worth 128.7 mln rupees ($1.5 mln) and 109.4 mln rupees, respectively, from two companies worth

** COSM did not disclose the names of the two companies

** More than 41,000 shares traded by 11:28 a.m. IST, 1.4x times their 30-day avg

** Including session's move, stock is up 114.5% YTD

($1 = 83.4925 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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June 10 (Reuters) - Cosmic CRF Ltd COSM.BO:

• COSMIC CRF LTD - RECEIVED THREE ORDERS FROM TWO DIFFERENT COMPANIES

• COSMIC CRF LTD - GETS ORDERS WORTH 128.7 MILLION RUPEES AND 109.4 MILLION RUPEES

Source text for Eikon: ID:nBSE88fzgB

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Oct 11 (Reuters) - Cosmic CRF Ltd COSM.BO:

• GETS ORDER FROM SAILRITES BENGAL WAGON INDUSTRY (P) WORTH BASIC VALUE OF 216 MILLION RUPEES, GROSS VALUE OF 254.9 MILLION RUPEES

Source text for Eikon: [ID:]

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Sept 22 (Reuters) - Cosmic CRF Ltd COSM.BO:

• GOT ORDER WITH GROSS VALUE OF 206.4 MILLION RUPEES

Source text for Eikon: ID:nBSE19JC21

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July 5 (Reuters) - Cosmic CRF Ltd COSM.BO:

• GOT ORDER FROM TITAGARH WAGONS WORTH GROSS VALUE OF 250.9 MILLION RUPEES

Source text for Eikon: ID:nBSE17rZxH

Further company coverage: COSM.BO

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