Intimation of receipt of new order amounting to Rs. 101.01 crores from Leading Domestic Infrastructure & Engineering Company
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Karbonsteel Engineering Ltd has disclosed receipt of a new order worth Rs. 101.01 crores from a leading domestic infrastructure and engineering company. The order involves fabrication and supply of structures for Air Cooled Condenser (ACC). The total quantity is to be delivered within 10 months from the date of the purchase order and drawings. The order is not from a related party and no promoter group interest exists in the awarding entity. This is a new order announcement under SEBI LODR Regulation 30.
A Rs. 101 crore order represents a significant new contract win for the company, likely to boost near-term revenue visibility and investor confidence. The domestic nature and execution timeline of 10 months suggest steady revenue inflow over the coming quarters.