Announced Tue, 21 Apr · 12:25 IST

Company has received a work order from Reliance Industries Limited, Jamnagar amounting to Rs.3.74 Crore inclusive of taxes

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AI summary

Expo Engineering and Projects Limited has received a work order from Reliance Industries Limited (RIL) for their Jamnagar site. The order involves supply of 24 hopper units for RIL's Glass Factory. The total order value is Rs. 3.74 crore (Rs. 37,416,384), inclusive of taxes. The delivery is scheduled for 27th August 2026. This order was received in the normal course of business and is not a related party transaction.

Likely market impact

This is a positive development as securing a contract from a major corporate like Reliance Industries validates the company's capabilities. However, without knowing the company's total revenue, it's difficult to assess the relative significance of this order.