Deals3 Oct 2024, 04:16 pm
Orissa Bengal Carrier Ltd Secures Three-Month Transportation Contract with Shiva Cement Limited Subsidiary
AI Summary
Orissa Bengal Carrier Ltd has entered into a contract for the transportation of Coal/Pet Coke for Shiva Cement Limited, a subsidiary of JSW Cement Limited. The contract, which is in the ordinary course of business, will last for three months until December 31, 2024. It's important to note that none of the promoters or promoter group have any interest in this contract, and it does not fall under related party transactions. The company has accepted the Letter of Intent (LOI) for this contract.
Key Highlights
- Orissa Bengal Carrier Ltd secures a three-month transportation contract with Shiva Cement Limited subsidiary.
- The contract involves the transportation of Coal/Pet Coke for the subsidiary of JSW Cement Limited.
- The contract is in the ordinary course of business and does not involve any related party transactions.
- No promoters or promoter group have any interest in this contract.
- Orissa Bengal Carrier Ltd has accepted the Letter of Intent (LOI) for this contract.