Shayona Engineering Secures ₹99.34 Lakhs Purchase Order
Shayona Engineering Limited has announced the receipt of a significant purchase order from a domestic customer for the supply of engineering components. The order is valued at ₹99,34,655, inclusive of 18% GST. Due to contractual confidentiality, the customer's name has not been disclosed. The order specifies supply of components as per agreed specifications, with Ex Works pricing, 45 days payment terms from material receipt, and standard warranty obligations. The contract includes typical clauses for packing, delivery, inspection, warranty, cancellation, compliance, and jurisdiction. The company has confirmed no promoter or promoter group interest in the awarding entity and that it does not fall under related party transactions.
Key Highlights
- Received purchase order worth ₹99.34 Lakhs for engineering components.
- Customer name withheld due to confidentiality agreements.
- Order includes supply as per specifications and standard terms.
- Payment terms are 45 days from material receipt.
- No promoter or related party interest involved.
Price Impact
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