Intimation of receipt of Purchase Order
Price
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INDO SMC Ltd has received a purchase order worth Rs. 2842.80 Lacs (approximately Rs. 28.43 crore) from a prominent Indian mining and steel company based in Maharashtra. The order is for supplying HT Air Insulated Bus Duct for 630 AMP systems, with a quantity of 4,120 square metres. The bus ducts are used for high-tension power distribution in industrial settings and feature air insulation with aluminum or copper conductors. The order is domestic, not from a related party, and is to be executed within 12 weeks. This order highlights the company's execution capabilities and continued relationship with the customer.
This is a positive development as the company secures a significant order worth Rs. 28.43 crore, which should contribute to near-term revenue visibility. The order from a major mining and steel company demonstrates demand for the company's industrial power distribution products.