Ameenji Rubber Secures Order from South Eastern Railway for Composite Grooved Rubber Sole Plates
Ameenji Rubber Limited has secured a Letter of Acceptance (LOA) from the Office of the Principal Chief Materials Manager, South Eastern Railway. The contract involves the manufacture and supply of Composite Grooved Rubber Sole Plates, fulfilling applicable RDSO specifications and tender conditions set by the railway entity.This significant business award positions Ameenji Rubber to fulfill the order within a 12-month timeframe.
The details pertaining to this domestic order are as follows:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Office of the Principal Chief Materials Manager, South Eastern Railway |
| Nature of Order | Letter of Acceptance (LOA) |
| Scope of Work | Manufacture and supply of Composite Grooved Rubber Sole Plates conforming to applicable RDSO specifications, tender conditions, and amendments for South Eastern Railway. |
| Total Value of Order | Rs. 19,96,56,000/- (Rupees Nineteen Crore Ninety- Six Lakhs Fifty-Six Thousand Only) |
| Execution Timeline | 12 Months |
The transaction is noted as non-related party and the company confirmed no interest exists between Ameenji Rubber Limited and the entity awarding the order. The successful execution of this contract aligns with Ameenji's operations in manufacturing specialized components for railway infrastructure.
Stock Price Movement
Ameenji Rubber Ltd. finished the trading day down, settling at ₹136.05 and declining by 2.47%. The shares traded within an intraday range, moving between a low of ₹136.05 and a high of ₹137.45.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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