Deals19 Dec 2025, 05:51 pm
East India Drums and Barrels Manufacturing Ltd Secures Rs. 8.6 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 supply of Steel Drums/Barrels aggregating to a total contract value of Rs. 8,60,49,000. The barrels will be supplied to Vashi, Navi Mumbai. 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. 8.6 crore from Indian Oil Corporation Limited
- The contract involves the supply of Steel Drums/Barrels to Vashi, Navi Mumbai
- This order is expected to contribute positively to the company’s operational performance
- The receipt of the LOA reflects the continued trust in the company’s manufacturing capabilities, quality standards, and timely execution
- This deal underscores the company’s strong and longstanding relationship with Indian Oil Corporation Limited