We are pleased to inform that the Company has received purchase order of Rs. 2,27,73,997.64/- from Emerson Measurement Systems and Solutions (India) Private Limited.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cryogenic OGS Limited has secured a purchase order worth approximately ₹2.28 crore (including GST) from Emerson Measurement Systems and Solutions (India) Private Limited. The order is for the supply of LNG Metering Skids and is a domestic contract. The order is to be executed within 24 weeks from the date of the order. The company has confirmed that the awarding entity is not related to the promoters or group companies, and the transaction is at arm's length.
This is a modest new order from a reputed client (Emerson) in the LNG metering space, which is positive for the order book. However, given the small order size relative to typical industrial operations, the immediate impact on stock price is likely to be limited unless similar orders continue.