Award10 Nov 2026, 12:57 pm
Artson Ltd Secures ₹16.07 Cr Order from Tata Steel
AI Summary
Artson Ltd has announced the receipt of a significant purchase order from Tata Steel, Jamshedpur, valued at INR 16,06,66,000 (INR 16.07 Crore) excluding GST. The order is for the supply of 2 Dome & Reformer shells, with an execution deadline of May 6, 2027. Notably, the counterparty, Tata Steel, is a subsidiary of Artson Ltd's ultimate holding company, and the transaction has been conducted at arm's length, falling under related party transactions.
Key Highlights
- Artson Ltd received a purchase order worth ₹16.07 Crore from Tata Steel.
- The order is for the supply of 2 Dome & Reformer shells.
- Execution of the order is scheduled by May 6, 2027.
- The transaction is with a related party and conducted at arm's length.
Price Impact
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