Bansal Roofing Products Ltd Secures Order valued at Approx 8.75 Crores for PEB Shed
Bansal Roofing Products Ltd has secured a significant contract order worth an approximate consideration of 8.75 Crores plus Taxes. The details regarding the transaction, as per the company's records, indicate that the project involves manufacturing a PEB Shed for a domestic client. Due to commercial considerations and confidentiality obligations, the name of the customer could not be disclosed at this time.The contract mandates an approximate completion period of six months. Regarding the terms and conditions, the payment structure includes a 25% advance along with the Purchase Order upon submission of the proforma invoice.
Bansal Roofing Products Ltd confirmed that the entity awarding the order is domestic in nature, and there is no interest of the promoter or the promoter group in the contracting company. The transaction has also been verified as not falling under related party transactions.
Key details regarding the secured contract include:
| Particulars | Details |
|---|---|
| Nature of Order | PEB Shed |
| Client Type | Domestic entity |
| Approximate Consideration | 8.75 Crores plus Taxes |
| Estimated Completion Period | Approximately 6 months |
| Promoter Interest in Client | No |
Stock Price Movement
As of 14:47, shares of Bansal Roofing Products Ltd are ticking down slightly, trading at ₹127.40 after falling 1.09% during the session. The stock has seen movement across its intraday range, hitting a low of ₹125.00 but remaining below the high of ₹130.75.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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