Deals17 Oct 2024, 11:27 pm
Diamond Power Infrastructure Limited Receives Rs. 99,94,50,000 Order from Reverence Infrastructure India LLP
AI Summary
Diamond Power Infrastructure Limited has received a letter of intent from Reverence Infrastructure India LLP worth Rs. 99,94,50,000 for supply of Power Cables. The order is to be executed by March, 2025. This order is a significant development for the company, which is one of the oldest Cables and Conductors Manufacturers of India and one of the fastest growing FMEG companies.
Key Highlights
- Diamond Power Infrastructure Limited has received an order from Reverence Infrastructure India LLP worth Rs. 99,94,50,000 for supply of Power Cables.
- The order is to be executed by March, 2025.
- Diamond Power Infrastructure Limited is one of the oldest Cables and Conductors Manufacturers of India and one of the fastest growing FMEG companies.
- The company has a large Manufacturing plant at Vadodara admeasuring 110 acres and serves customers in 12+ countries globally.
- The company's outstanding order book position stands at Rs 1,505 crores as on date.