Atmastco Secures Rs 57.33 Crore Order for Fabrication of Ceiling Girders for Adani Projects

Atmastco Secures Rs 57.33 Crore Order for Fabrication of Ceiling Girders for Adani Projects

Atmastco Secures Rs 57.33 Crore Order for Fabrication of Ceiling Girders for Adani Projects​

Atmastco Limited has secured a significant commercial contract involving the fabrication and supply of ceiling girders to L&T MHI Power Boilers Pvt Ltd. The order relates to multiple units under the Adani Projects umbrella.

The domestic entity, L&T MHI Power Boilers Pvt Ltd, awarded the contract to Atmastco for the Fabrication and Supply of Ceiling Girder with ICB- Boiler Area. This business involves work across three specific projects: Adani Projects Korba Unit #1, Adani Projects Raigarh Unit #1, and Adani Projects Anuppur Unit #1.

The order represents a substantial commercial opportunity for Atmastco Limited, valued at Rs 57.33 Crores. The contract is classified as a domestic transaction and the execution timeline remains contingent upon the terms specified in the purchase order. Furthermore, the contract was confirmed to be free of any related party considerations.

Key details regarding this business awarding are provided below:

ParticularsDetails
ContractorL&T MHI Power Boilers Pvt Ltd
Scope of WorkFabrication and Supply of Ceiling Girder with ICB- Boiler Area
Projects CoveredAdani Projects Korba Unit #1, Raigarh Unit #1, and Anuppur Unit #1
Order SizeRs 57.33 Crores
Transaction TypeCommercial / Domestic

ATMASTCO Stock Price Movement​

Shares of Atmastco Limited are edging higher as of 1:23 PM today, rallying by 1.81% in live trading and currently standing at ₹179.90. The stock has seen vigorous activity in the market, with 18,000 shares traded during the session.
 

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