Interarch Building Solutions secures ₹90 crore order from Rungta Mines Limited
A new order valued at approximately ₹90 crore is a significant addition to the company's order book, providing substantial revenue and project pipeline for the next 6-8 months.
The company has secured a new, substantial order worth ₹90 crore, which is a positive indicator for future revenue generation and business growth.
* Interarch Building Solutions Limited has secured a significant domestic order from RUNGTA MINES LIMITED. * The order, valued at approximately ₹90 crore, is for the Design, Engineering, Manufacturing, Supply & Erection of Pre-Engineered Steel Building System. * Key terms include a 10% advance payment and an additional 10% upon approval of drawing and design. * The order is expected to be executed within a timeframe of 6 to 8 months. * The company confirmed that there is no interest from promoters/promoter group/group companies in Rungta Mines Limited, and the transaction is not a related party transaction.
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Interarch Building Solutions Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Interarch Building Solutions Limited. Read the original for the full detail.