Receipt of Purchase order of Rs. 96,44,520.24 from Navi Mumbai International Airport Private Limited as managed by Adani Group.
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Harshdeep Hortico Ltd has secured a purchase order valued at Rs. 96,44,520.24 (inclusive of all taxes) from Navi Mumbai International Airport Private Limited, which is managed by the Adani Group. The order is for the supply of different categories of flower pots and is to be executed by 31st May 2025. This is a follow-up order, as the company had previously received a similar order from Larsen & Toubro for the same Navi Mumbai Airport project. The transaction is domestic and not a related-party deal.
The order reinforces the company's ongoing association with the high-profile Navi Mumbai Airport project, providing short-term revenue visibility. For a small BSE SME-listed company, this adds credibility, though the order size is modest and execution-dependent within a tight two-month timeline.