Intimation regarding receipt of Order.
Price
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Awaiting price reaction for this filing.
GTV Engineering Ltd has received a Letter of Intent worth INR 17.46 Crores (excluding tax) for manufacturing and supplying 4 Mill Static Parts, Separating Wheel, and Gap Type Seals. The order is from a domestic client and covers multiple cement mill projects (JK CM, KNAUF GC, Sagar CM, and UTCL CM). Delivery is to be completed over the next 7 months. The order is a manufacturing contract with no related party or promoter group interest. The company has disclosed the details as required under SEBI's listing regulations.
This is a new domestic manufacturing order that adds INR 17.46 Crores to the order book, to be executed over 7 months. It signals ongoing business activity in the cement industry segment, though the material impact on the stock would depend on the company's overall revenue base and order book size.