Deals26 Mar 2026, 05:21 pm
East India Drums and Barrels Manufacturing Ltd Secures Rs. 4.59 Crore Contract from Indian Oil Corporation
AI Summary
East India Drums and Barrels Manufacturing Limited has received a Letter of Acceptance (LOA) from Indian Oil Corporation Limited for the procurement and supply of 1.0 mm MS Plain and Epoxy Coated Barrels. The contract is worth Rs. 4,59,90,000 (Rupees Four Crore Fifty-Nine Lakh Ninety Thousand only) and is for a period of 12 months. The barrels will be supplied to LBP Taloja, LBP Trombay, LBP Mumbai, LBP Silvassa, and LBP Khapri, with the majority going to LBP Silvassa. This order strengthens the company’s order book and is expected to contribute positively to its operational performance.
Key Highlights
- East India Drums and Barrels Manufacturing Ltd has secured a contract worth Rs. 4.59 crore from Indian Oil Corporation Limited.
- The contract is for the procurement and supply of 1.0 mm MS Plain and Epoxy Coated Barrels for a period of 12 months.
- The barrels will be supplied to LBP Taloja, LBP Trombay, LBP Mumbai, LBP Silvassa, and LBP Khapri, with the majority going to LBP Silvassa.
- This order strengthens the company’s order book and is expected to contribute positively to its operational performance.
- The receipt of this Letter of Acceptance underscores the Company’s strong and long- standing relationship with Indian Oil Corporation Limited and reflects the continued trust in their manufacturing capabilities, quality standards, and timely execution.