Deals12 Feb 2025, 12:41 am
Jupiter Wagons Receives Order Worth Rs. 600 Crores from Adani Cement's Group Companies
AI Summary
Jupiter Wagons Limited has received a Letter of Acceptance (LOA) from Ambuja Cements Limited and ACC Limited, both group companies of Adani Cement, for the manufacture and supply of BCFCM RAKES WAGON WITH BVCM WAGON. The order is valued at approximately Rs. 600 crores.
Key Highlights
- Jupiter Wagons has secured an order from Adani Cement's group companies, Ambuja Cements Limited and ACC Limited.
- The order is for the manufacture and supply of BCFCM RAKES WAGON WITH BVCM WAGON.
- The order value is approximately Rs. 600 crores.
- This is a significant development for Jupiter Wagons, indicating a strong business relationship with Adani Cement's group companies.
- The news is compliant with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.