Business Update3 Nov 2026, 03:31 pm
Artson Ltd Receives ₹1.54 Cr Work Order from RIL
AI Summary
Artson Ltd has announced the receipt of an additional work order from Reliance Industries Limited (RIL) for tank modification and repair works. The order is valued at Rupees One Crore Fifty-Four Lakhs (₹1.54 Crore) excluding taxes and is to be executed within 12 months. This domestic, item-rate order does not involve any interest from promoters or group companies and is not considered a related party transaction. This follows an earlier disclosure on February 20th, 2026, regarding a previous award from RIL.
Key Highlights
- Artson Ltd secured a new work order from Reliance Industries Limited.
- The order value is ₹1.54 Crore (excluding taxes).
- Work involves tank modification and repair.
- Execution timeline is 12 months.
- No promoter or related party interest involved.
Price Impact
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