Supreme Engineering Secures ₹5.29 Crore Order for Superalloy Supply
Supreme Engineering Limited received a purchase order worth ₹5.29 crore for Superalloy supply from a company managed by the Ministry of Heavy Industries and Public Enterprises. The contract is to be executed within six months and is a domestic order.
The order value of ₹5.29 crore is a significant amount for the company, contributing to its revenue and operational scale, thus having a medium impact.
The company has secured a new order, which is generally positive for business growth and revenue.
Supreme Engineering Limited has announced the receipt of a significant purchase order from a company under the Ministry of Heavy Industries and Public Enterprises. The order, valued at ₹5,28,86,700.84 (Rupees Five Crore Twenty Eight Lakh Eighty Six Thousand Seven Hundred Eighty Four paisa only), is for the supply of Superalloy. This domestic contract is expected to be executed within a period of six months.
This disclosure is made in accordance with Regulation 30 and Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that there are no promoter or promoter group interests in the entity awarding the order, and the transaction does not fall under related party transactions as it is conducted at arm's length. The details of this order will also be available on the company's website, supremessteels.com.
What to do with a filing like this
Supreme Engineering 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 medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Supreme Engineering Limited. Read the original for the full detail.