Deals9 Nov 2024, 10:38 pm
Solar Industries India Ltd. Secures INR 580 Crores Export Order for Defence Products
AI Summary
Solar Industries India Ltd. has announced the receipt of an export order worth INR 580 Crores for the supply of Defence Products to an International Client. The order, to be executed over a period of 5 years, is free from related party transactions and will be executed at arm's length. This announcement is in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Key Highlights
- Solar Industries India Ltd. has received an export order worth INR 580 Crores for Defence Products.
- The order is from an International Client and will be executed over a period of 5 years.
- The order is free from related party transactions.
- The order will be executed at arm's length.
- The announcement is in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.