Deals22 Sept 2024, 10:51 pm
ARTSON Engineering Secures Rs 33.33 Crore Order from Hindalco Industries
AI Summary
ARTSON Engineering Ltd. has announced the receipt of a Letter of Award worth Rs 33.33 Crores (excluding taxes) from Hindalco Industries Limited. The order involves engineering, civil works, and supply and fabrication of 3'4 Coke Silos. The contract is a unit rate contract and is to be executed within 18 months. This announcement is in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.
Key Highlights
- ARTSON Engineering Ltd. has received a Letter of Award worth Rs 33.33 Crores from Hindalco Industries Limited.
- The order involves engineering, civil works, and supply and fabrication of 3'4 Coke Silos.
- The contract is a unit rate contract and is to be executed within 18 months.
- The order is from a domestic entity, Hindalco Industries Limited.
- The order does not fall under related party transactions.