Cash Ur Drive Marketing Lands Major Domestic Work Order for Outdoor Advertising Campaigns
Cash Ur Drive Marketing Limited has secured a work order for executing comprehensive outdoor advertising campaigns, marking a significant business development for the company.The newly acquired contract requires the company to undertake the advertisement display through multiple media formats. These assets include public utility hoardings, unipoles, flag signs, and transit media, specifically involving branding on EV buses. The scope of work encompasses deploying outdoor media assets across high-visibility locations and branding these assets on EV buses across various cities throughout India during the specified campaign period.
The order was secured from a domestic entity, and the nature of the contract has been classified as an Outdoor Advertising / Transit Media Campaign. The company confirmed that the contract does not involve related party transactions, nor is there any interest from the promoter or promoter group in the awarding entity.
The key financial and execution details of the order are as follows:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Name cannot be disclosed due to commercial terms |
| Nature of Contract | Outdoor Advertising / Transit Media Campaign |
| Domestic/International Origin | Domestic entity |
| Contract Value (Approx.) | ₹2,36,34,810.00 (Rupees Two Crore Thirty-Six Lakh Thirty-Four Thousand Eight Hundred Ten Only), inclusive of applicable taxes |
| Execution Timeline | Approximately 1 month |
This contract falls under the category of domestic transactions and is expected to be executed within an approximate period of one month from the date of the report.
CUDML Stock Price Movement
Shares of Cash Ur Drive Marketing Limited are edging higher to ₹148.00 as of 10:48 AM today, rallying 2.78% to reach the current level. The stock is seeing 6,000 shares traded, keeping the equity comfortably within the intraday range of ₹147.95 to ₹148.8.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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