Interarch Building Solutions Limited has informed the Exchange about Bagging/Receiving of orders/contracts
INTERARCH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Interarch Building Solutions has secured an order valued at approximately Rs. 80 crores (plus taxes) from Ather Energy Ltd. The scope covers design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems. The project has a 9-month completion timeline and includes a 10% advance payment with the order. The order is domestic, and there is no promoter or related-party interest in Ather Energy. The formal purchase order is still awaited.
This is a meaningful new order win for Interarch, strengthening its order book from the growing electric vehicle sector. The 10% advance and short execution timeline support near-term revenue visibility, though the final purchase order is still pending, which carries some execution confirmation risk.