Receipt of a major order Worth Rs. 127.5 Crore from Sai Baba Polymer Technologies
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A-1 Limited has secured a major order valued at Rs. 127.5 Crore (Rs. 150.45 Crore including 18% GST) from Sai Baba Polymer Technologies for 25,000 metric tonnes of Industrial Urea (Automobile Grade). The order is an open order to be delivered as per the client's scheduling across 11 of the company's units located in Bengaluru, Chennai, Raipur, Coimbatore, Cuttack, Gwalior, Patancheru, Mumbai, Kolkata, Kanpur, and Mangalore. The company describes this as a meaningful addition to its operating revenues and highlights it as a sign of growing demand for its Industrial Urea (Automobile Grade) business. The transaction is in the ordinary course of business and is not a related party transaction.
Positive for the stock — the order strengthens revenue visibility across multiple units and signals growing demand in the company's industrial urea segment, supporting the order book.