StockWatch
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Iron & Steel Products
Deals10 Jun 2026, 12:57 pm

Shree Marutinandan Tubes Wins ₹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 value is approximately ₹0.4250 Crore (Rs. 42,50,000/-) including GST. The scope involves fire fighting work for critical care blocks in Jammu & Kashmir. The project duration is 6 months, followed by a 24-month defect liability period. Neither the promoter nor the promoter group has any interest in the awarding entity, and it does not fall under related party transactions.

Key Highlights

  • Secured a 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 with a 24-month defect liability period.
  • No promoter or related party interest in the awarding entity.