We hereby inform that the Company has bagged a purchase order from Endress and Hauser of Rs. 1,27,50,113/-
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Cryogenic Ogs Ltd has secured a purchase order worth Rs. 1,27,50,113 (approximately Rs. 1.28 crore, excluding taxes) from Endress and Hauser. The order covers a complete range of terminal automation products including air eliminators, strainer cum air eliminators, prover tanks, master meter trolleys, additive dosing blocks and skids, along with related spares. The order is from a domestic entity and delivery is scheduled within 12 weeks from the date of LOI/PO on EXW-POR terms. The company is based in Vadodara, Gujarat, and manufactures oil and gas metering and filtering equipment.
This is a modest-sized order for the company and adds to its growing supply record in terminal automation systems, showing continued demand for its products. The order strengthens Cryogenic Ogs' relationship with a well-known industrial client, though its impact on overall revenue and stock price is likely to be limited given the order size.