New Order: Arvind group entity awards about 2.24 Crore piping contract
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Marutinandan Tubes has bagged a purchase order worth approximately 2.24 Crore rupees (including GST) from Value Fashion Retail Limited, an Arvind group entity. The scope covers plumbing, compressed air, steam and condensate piping work at the Arvind site, with delivery targeted by 23rd July 2026. Terms include 95 percent payment within 30 days, 5 percent retention till the defect liability period, and a 12-month defect liability period. The order is domestic and in the ordinary course of business.
Modest new domestic order that adds to the order book. Sizeable client win from a known group, but value is small relative to typical revenue base.