Hardwyn India Limited has informed the Exchange about Receipt of order from M/s. Grow Protech LLC (UAE) worth of USD 4.55 lakh approximately.
HARDWYN · price
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Hardwyn India Ltd has received an export order from UAE-based M/s. Grow Protech LLC for USD 4.55 lakh (approximately INR 4.36 crore). The order is for supply of architectural hardware products including Telescopic Channel, Floor Spring, Top Patch, Bottom Patch, Pivot, Handle, Bottom Lock and Pantry Pull out. The order is to be executed within 150 days after receiving the advance payment. This is an international transaction with no related party involvement and no promoter interest in the awarding entity.
This order brings incremental foreign revenue for Hardwyn India but the amount (approx. INR 4.36 crore) appears modest relative to typical mid-cap company revenues. The export order demonstrates the company's ability to secure international business in hard currency.