Deals23 Oct 2026, 04:19 pm
East India Drums Bags ₹12.68 Cr Order from Indian Oil Corp
AI Summary
East India Drums and Barrels Manufacturing Limited has secured a significant work order from Indian Oil Corporation Limited. The contract, awarded via a Letter of Acceptance (LOA), is for the supply of MS Plain & Epi coated barrels. The order is valued at ₹12,68,76,000.00 (Twelve Crore Sixty Eight Lakh Seventy Six Thousand Only) and is to be executed within 12 months. This order falls within the ordinary course of the company's business and does not involve any related party transactions.
Key Highlights
- Secured a new order from Indian Oil Corporation Limited.
- Contract value stands at ₹12.68 Crore.
- Order is for the supply of MS Plain & Epi coated barrels.
- Execution timeline is 12 months.
- Transaction is in the ordinary course of business.
Price Impact
More from EASTINDIA