StockWatch
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Industrial Products
Award17 Jul 2026, 03:52 pm

Artson Ltd Receives ₹14.63 Cr LOI for Structures Project

AI Summary

Artson Ltd has announced the receipt of a Letter of Intent (LOI) for an award valued at ₹14,63,00,000 (excluding taxes). The LOI is from TKIL Industries Private Limited, Pune, for the Design, Supply, Fabrication, Painting, and Transportation of Structures for JSW - Jaigarh Port Limited. The contract is on a unit rate basis (per MT) and is to be executed within 6 months. This domestic order does not involve any interest from promoters or group companies and is not considered a related party transaction.

Key Highlights

  • Artson Ltd secured a Letter of Intent worth ₹14.63 Cr.
  • The award is for supplying structures to JSW - Jaigarh Port Limited.
  • Project execution timeline is set for 6 months.
  • The order is on a unit rate basis (per MT).