Deals3 May 2024, 12:46 am
Rathi Steel & Power Ltd. Receives Rs 10.75 Cr Order from Bansal Wire Group
AI Summary
Rathi Steel & Power Ltd. has announced the receipt of an order worth approximately Rs 10.75 Cr (including GST) from Bansal Wire Group for stainless steel products. The order is expected to be executed in 30-45 days. The company reports receiving valuable feedback on improved product quality following modernization project implementation.
Key Highlights
- Rathi Steel & Power Ltd. received an order worth Rs 10.75 Cr (including GST)
- The order is for stainless steel products from Bansal Wire Group
- The transaction is not a related party transaction and is on an arm's length basis
- Execution of the order is expected to take 30-45 days
- The company reports receiving valuable feedback on improved product quality