M & B Engineering Limited has informed the Exchange that Company has secured, through its Wholly Owned Subsidiary M/s. Phenix Construction Technologies INC., USA, a sizable export order for design, manufacturing and supply of Pre-Engineered Building/ Structural Steel to its customer in the USA
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M & B Engineering Limited has secured a sizable export order through its wholly-owned US subsidiary, Phenix Construction Technologies INC., USA. The order involves design, manufacturing, and supply of Pre-Engineered Building (PEB) and Structural Steel products for a customer in the USA. The company did not disclose the exact monetary value of the order. This win strengthens the company's international presence and its subsidiary's order book in the US market.
This is a positive development for shareholders as it highlights growing export revenue in US dollars and demonstrates the company's ability to win international contracts, though the absence of order value limits assessment of its scale impact on stock price.