StockWatch
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Iron & Steel Products
Deals10 Jun 2026, 11:27 am

Shree Marutinandan Tubes Bags ₹0.425 Cr Fire Fighting Order

AI Summary

Shree Marutinandan Tubes Ltd has secured a Work (Purchase) Order from Acline Projects Private Limited for fire fighting work on a back-to-back basis. The order, valued at approximately ₹0.4250 Crore (including GST), is for the construction and maintenance of critical care blocks in Jammu & Kashmir. The project is expected to be executed within 6 months, followed by a 24-month defect liability period. This order is in the ordinary course of business and does not involve any promoter group interest.

Key Highlights

  • Awarded Work (Purchase) Order worth ₹0.4250 Crore.
  • Order is for fire fighting work on a back-to-back basis.
  • Project execution timeline is 6 months.
  • No promoter or promoter group interest in the awarding entity.