Cryogenic OGS Ltd has announced receipt of a Letter of Intent (LOI) from Advanced Sys-Tek valued at Rs 9.8 million. The order strengthens the company’s portfolio in specialized cryogenic solutions and reflects growing demand for advanced engineering services in India’s industrial and infrastructure sectors.
Cryogenic OGS Ltd, listed on the National Stock Exchange under ticker CRYO.NS, has secured a new business opportunity with Advanced Sys-Tek through a Letter of Intent worth Rs 9.8 million. The company, known for its expertise in cryogenic systems and engineering solutions, continues to expand its footprint in industrial applications, including energy, infrastructure, and specialized manufacturing.
The LOI represents a significant milestone for Cryogenic OGS Ltd, reinforcing its position as a trusted partner in delivering high-quality engineering solutions. The collaboration with Advanced Sys-Tek is expected to enhance operational capabilities and contribute positively to revenue growth.
Key highlights from the announcement include
Cryogenic OGS Ltd receives LOI worth Rs 9.8 million from Advanced Sys-Tek.
The company specializes in cryogenic systems and advanced engineering solutions.
The order strengthens its portfolio in industrial and infrastructure applications.
CRYO.NS is listed on the National Stock Exchange of India.
The collaboration is expected to boost revenue and operational growth.
The LOI reflects rising demand for specialized engineering services in India.
Cryogenic OGS Ltd continues to expand its presence in niche industrial markets.
This development underscores the company’s strategic focus on securing high-value contracts and building long-term partnerships in India’s growing industrial ecosystem.
Sources: Reuters, Economic Times, Business Standard, NSE India