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.45.00 Lakh ....
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Expo Gas Containers Limited has received a work order from Reliance Industries Limited for its Jamnagar site, valued at approximately Rs. 45.01 lakhs (inclusive of taxes). The order involves the supply of 6 carbon steel fabricated fittings — Reducing Tees and Miter Bends — for the Offsites & Utilities project at RIL Jamnagar. The contract is to be executed within 3 months from the date of the purchase order. The order has been awarded by a domestic entity, is not a related party transaction, and the promoters have no interest in Reliance Industries.
This is a small, routine order from a marquee client and is unlikely to materially move the stock. It signals continued business engagement with RIL but the order size (under Rs. 50 lakhs) is modest relative to typical corporate revenues, so shareholders should not expect a significant impact on earnings or share price from this single contract.