Alphalogic Industries Secures Contract from Blink Commerce Private Limited
<p>Alphalogic Industries Ltd has won orders from Blink Commerce Private Limited, popularly known as 'Blinkit', for a contract involving the design, manufacturing, supply, and installation of Storage Racking Systems. The contracts cover units located in Haveli Pune in Maharashtra and Indore in Madhya Pradesh.</p>
<p>The order is defined as domestic business. The comprehensive scope includes providing a Storage Racking System designed and manufactured by Alphalogic Industries for the client's operations in both locations.</p>
<h2>Contract Details and Financial Scope</h2>
<p>The total value of the contract stands at Rs. 52,10,408/- (Rupees Fifty Two Lakhs Ten Thousand Four Hundred and Eight Only), inclusive of GST. The execution timeline for this order is set within the current month.</p>
<p>Key details regarding the awarded contract include:</p>
<table>
<thead>
<tr>
<th>Particulars</th>
<th>Details</th>
</tr>
</thead>
<tbody>
<tr>
<td>Awarding Entity</td>
<td>BlinkCommerce Private Limited (Blinkit)</td>
</tr>
<tr>
<td>Nature of Order</td>
<td>Design, manufacture, supply and installation of Storage Racking System.</td>
</tr>
<tr>
<td>Entity Type</td>
<td>Domestic Entity.</td>
</tr>
<tr>
<td>Contract Value</td>
<td>Rs. 52,10,408/- (Rupees Fifty Two Lakhs Ten Thousand Four Hundred and Eight Only).</td>
</tr>
<tr>
<td>Execution Period</td>
<td>Within this month.</td>
</tr>
</tbody>
</table>
<p>The contract is independent of the promoter group or related party transactions. There was no reported interest from the promoter or promoter group companies in Blink Commerce Private Limited.</p>
Stock Price Movement
Shares of Alphalogic Industries Ltd settled at ₹146.50 on Thursday, ticking up a strong 9.98% in value. However, those shares were completely locked throughout the day, having been trading flatly within their intraday range of ₹146.50.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.
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