Deals6 Nov 2026, 04:54 pm
Shree Marutinandan Industries Bags ₹1.37 Cr Civil Work Order
AI Summary
Shree Marutinandan Industries Ltd (formerly Shree Marutinandan Tubes Limited) has secured a purchase order worth approximately ₹1.3682 Crore (exclusive of GST) from Sahana Marine-Infra Tech Limited. The order, received on November 6, 2026, is for the execution of civil work, including allied services and supply of site materials. The total order value, inclusive of GST, amounts to ₹1,61,44,760/-. The execution period for this contract is within 45 days. This order falls within the ordinary course of the company's business and does not involve any promoter or group company interests.
Key Highlights
- Received a new purchase order valued at ₹1.37 Crore (approx.) exclusive of GST.
- Order is for civil work and material supply from Sahana Marine-Infra Tech Limited.
- Execution timeline for the order is within 45 days.
- The transaction is in the ordinary course of business.
- No promoter or group company interest involved in the awarding entity.
Price Impact
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