SBC Exports Limited (SBC) announced on June 25, 2025, that it has secured a significant repeat export order valued at US $1,250,000.00 (approximately INR 10.76 Crores) from M/s GAWGEE BROTHERS WHOLESALERS CO. LLC, a Dubai-based textile company.
The order pertains to the supply of various garment articles, including T-shirts, trousers, and shorts. This development follows a strategic tie-up between SBC Exports and GAWGEE BROTHERS WHOLESALERS CO. LLC, UAE, under which SBC will supply a wide range of garments to be sold in the ‘Day-to-Day’ retail chain stores across Dubai and the UAE.
Day to Day, established in 1998, is a well-known retail chain in Dubai and the UAE, recognized for its multiple stores offering a diverse range of products at affordable prices. This collaboration is expected to significantly enhance SBC Exports’ global reach and contribute positively to its revenue growth, aligning with the company’s vision to expand its international presence in high-growth markets.
Key terms of the order include payment within 90 days from the date of receipt of goods by GAWGEE BROTHERS WHOLESALERS CO. LLC, with all consideration in US Dollars. The minimum shipment size is set at 20,000 pieces per shipment, and all expenses related to insurance and freight will be borne by the Dubai-based buyer. The order is slated for execution within one year from the purchase order date of June 25, 2025.
SBC Exports confirmed that the order was awarded by an international entity and does not fall under related party transactions. Furthermore, no promoter or promoter group of SBC Exports has any interest in the entity that awarded the order.
At the time of the announcement, SBC shares were trading at ₹14.65, reflecting a slight decrease of 0.3%. The announcement was made outside market hours.
source: Corporate Announcement