Deals23 Oct 2023, 02:51 pm
Sprayking Agro Equipment Ltd Receives Repeat Purchase Order worth INR 150 Millions
AI Summary
Sprayking Agro Equipment Limited has received a repeat purchase order worth INR 150 millions for the supply of brass parts. The company has also expanded its manufacturing facility and acquired a 51% stake in M/s. Narmada Brass Industries. The acquisition is expected to strengthen the company's market position and help it meet new orders from domestic and international markets.,
Key Highlights
- Received repeat purchase order worth INR 150 millions
- Expanded manufacturing facility
- Acquired 51% stake in M/s. Narmada Brass Industries
- Expectation to strengthen market position and meet new orders from domestic and international markets