Announced Wed, 10 Jun · 12:56 IST

Please find the enclosed disclosure.

Business Updates View source PDF

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹67.90
prior close
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-4.3-5.7-10.2-23.4
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AI summary

Shree Marutinandan Tubes Ltd has received a Work (Purchase) Order worth approximately ₹0.4250 Crore (₹42.50 lakhs) including GST from Acline Projects Private Limited. The order is for fire fighting work as part of a larger EPC project involving construction of a 50 Bedded and 100 Bedded Critical Care Block (CCB) and DIPHL at various locations in Jammu & Kashmir (Baramulla). The work is being executed on a back-to-back basis, with a project duration of 6 months followed by a 24-month Defect Liability Period. The order was awarded on June 9, 2026, and is in the ordinary course of business from a domestic private entity, with no related party interest.

Likely market impact

The order value is relatively small and is a subcontracted (back-to-back) piece of a larger project, so it is unlikely to materially move the stock or significantly impact revenue. Shareholders should view this as routine business activity with no immediate valuation implication.