StockWatch
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Iron & Steel Products
Business Update17 Oct 2026, 06:10 pm

Shree Marutinandan Tubes Bags ₹0.30 Cr Work Order

AI Summary

Shree Marutinandan Industries Limited (formerly Shree Marutinandan Tubes Limited) has secured a work order from GS PEB & Civil Works Private Limited for the supply and installation of pipe & sanitary fixtures. The order, valued at approximately ₹0.3038 Crore (Rs. 30,38,340/-) exclusive of GST, is for a project site in Nagpur, Maharashtra. The execution period is valid until April 16, 2027. The terms include payment within 30 days of bill submission and 60% against material delivery, with the balance based on site installation progress. The company will handle all machinery, tools, manpower, and safety compliance. This order is in the ordinary course of business and does not involve promoter group interest.

Key Highlights

  • Received work order worth ₹0.3038 Crore for pipe & sanitary fixtures.
  • Order awarded by GS PEB & Civil Works Private Limited.
  • Project located in Nagpur, Maharashtra.
  • Execution valid until April 16, 2027.
  • Order is in the ordinary course of business.