StockWatch
·
-
Business Update29 Jul 2026, 12:23 pm

Shayona Engineering Secures ₹2.88 Cr Purchase Order for Steel Pipes

AI Summary

Shayona Engineering Limited has announced the receipt of a significant purchase order from a domestic customer for the supply of stainless-steel welded pipes. The order, valued at ₹2,88,36,916 (including 18% GST), is for an undisclosed customer due to confidentiality agreements. The terms include Ex Works pricing and payment within 7 days, with delivery as per schedule. This order underscores the company's ongoing business operations and its ability to secure new contracts in the domestic market.

Key Highlights

  • Received purchase order for stainless-steel welded pipes.
  • Order value stands at ₹2.88 Crore including GST.
  • Customer name withheld due to confidentiality.
  • Payment terms: 7 days; delivery as per schedule.
  • Order awarded by a domestic entity.