Execution of Contract with Central PSU - Hindustan Petroleum Corporation Ltd, Silvassa.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
East India Drums and Barrels Manufacturing has received a Letter of Acceptance from Hindustan Petroleum Corporation Ltd (HPCL), a Central PSU, for the supply of steel drums and barrels. The total contract value is approximately ₹94.78 lakhs. Deliveries will be made to HPCL's location in Dadra and Nagar Haveli, India. The company highlighted that this order strengthens its long-standing relationship with HPCL and reflects its manufacturing quality. The disclosure was made under SEBI LODR Regulation 30.
This is a modest-sized contract from a reputed PSU client. Positive for business continuity and credibility, but the order size is relatively small and likely not material enough to move the stock price meaningfully on its own.