Abhishek Integrations Limited Receives Work Order for Spares Supply at Agartala Airport
Abhishek Integrations Limited (AIL) has received a Letter of Intent (L.O.I.) for supplying spares at M.B.B Airport in Agartala. The contract, awarded by the Airports Authority of India (AAI), involves the supply of spares for GLF Installations at M.B.B Airport Agartala, with a total contract value of Rs. 98.15 Lakhs (including GST).The L.O.I. confirms that AIL's tender was accepted by the Chairman, Airports Authority of India. The accepted tender totaled Rs. 98,15,092.50/- (including GST). This value was reported to be 15.33% below the estimated cost of Rs. 1,15,92,751/- (including GST).
According to the L.O.I., the work is considered domestic in nature, and the time allowed for completion is 06 months.
Work Order Details
The key parameters of the awarded contract include:| Parameter | Detail |
|---|---|
| Awarding Entity | Airports Authority of India |
| Nature of Work | Supply of Spares for GLF Installations at M.B.B. Airport Agartala |
| Contract Type | Domestic work from a domestic entity |
| Execution Period | During the Financial Year (FY) 2026-27 |
| Order Value | Rs. 98.15 lakhs (including GST) |
Operational Requirements
To formalize the agreement, AIL is required to take immediate steps towards mobilization. Furthermore, AIL must submit an additional performance security amounting to Rs. 1,22,689/- within 30 days of the letter's issue. This security must be provided in the form of an irrevocable Insurance Surety bond, demand draft, or bank guarantee issued by a Scheduled Commercial Bank.AILIMITED Stock Price Movement
Shares of Abhishek Integrations Limited today slipped by 4.94% to settle at ₹42.3. The equity shed ₹2.20 in value, with the stock trading on a total volume of 3,000 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.