Announcement under Regulation 30 of Securities and Exchange Board of India 2015 company has received a work order by Reliance Industries Limited, Jamnagar site amounting to Rs. 1.10 Crore
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Awaiting price reaction for this filing.
Expo Gas Containers Limited has received a work order from Reliance Industries Limited (RIL) at its Jamnagar site valued at Rs. 1.10 Crore (Rs. 11,092,361). The order is for the supply of 51 carbon steel fabricated fittings for the Offsites & Utilities project at RIL Jamnagar. The execution timeline is 3 months from the date of purchase order or letter of intent. The order was awarded by a domestic entity, is not a related party transaction, and there is no promoter or group company interest in RIL.
The order is a small-ticket contract (Rs. 1.10 Crore) and is unlikely to materially move the stock, but it reinforces the company's existing relationship with Reliance Industries and adds to its order book in the normal course of business.