Deals22 Jan 2025, 04:02 pm
Dhabriya Polywood's Subsidiary, Dynasty Modular Furnitures, Secures ¥ 1.55 Crore Work Order from Adani Group
AI Summary
Dhabriya Polywood Ltd. has announced that its wholly owned subsidiary, Dynasty Modular Furnitures Pvt. Ltd., has received a work order/LOI from the Adani Group for the supply and installation of modular kitchens. The total value of the order is ¥ 1.55 Crore (including GST). The project is scheduled to be completed in 6 months, in various tranches as per the terms of the order.
Key Highlights
- Dhabriya Polywood's subsidiary, Dynasty Modular Furnitures Pvt. Ltd., has secured a work order from Adani Group
- The order is for the supply and installation of modular kitchens
- The total value of the order is ¥ 1.55 Crore (including GST)
- The project is scheduled to be completed in 6 months
- The order is not a related party transaction and is not done at 'arm's length'