
Deals19 May 2024, 12:49 am
Amba Enterprises Ltd Receives Significant Purchase Orders from Havells India Limited and KSB Limited
AI Summary
Amba Enterprises Limited has announced that it has received purchase orders from Havells India Limited and KSB Limited. These orders are anticipated to increase the company's business capacity by 4 to 5 times and enhance its turnover and financial position significantly. The orders are monthly, repetitive in nature, and international in origin. The value of the orders to Havells India is estimated to be between 2.15 to 2.30 Crores with an annualized target of 25 Crores, while the orders to KSB Ltd are expected to be between 1.00 to 1.1 Crores. The promoter/promoter group does not have any interest in the entities awarding the orders, and there are no related party transactions involved.
Key Highlights
- Amba Enterprises Ltd receives purchase orders from Havells India Limited and KSB Limited
- Orders expected to significantly enhance business capacity and financial position
- International orders with monthly, repetitive nature
- Annualized sales target to Havells India and KSB Ltd is 25 Crores and 12 to 13 Crores respectively
- No promoter/promoter group interest or related party transactions