Cryogenic OGS Ltd. Receives Letters of Intent from Emerson for ₹5.55 Crore
Cryogenic OGS Limited has received Letters of Intent from Emerson Measurement Systems and Solutions (India) Private Limited, totaling ₹5,54,79,894.00 (Five Crore Fifty Four Lakhs Seventy Nine Thousand Eight Hundred and Ninety Four Rupees, including GST). The order involves the supply of a fully integrated Metering Skid.The order is to be executed within 24 weeks from the date of manufacturing clearance.
| Sr. No. | Particulars | Details |
|---|---|---|
| a) | Name of the entity awarding the order(s)/contract(s) | Emerson Measurement Systems and Solutions (India) Private Limited |
| b) | Significant terms and conditions of order(s)/contract(s) awarded, in brief | Supply of fully integrated Metering Skid |
| c) | Whether order(s) / contract(s) have been awarded by domestic/ international entity | Domestic |
| d) | Nature of order(s)/contract(s) | Supply of Product. |
| e) | Whether domestic or international | Domestic |
| f) | time period by which the order(s)/contract(s) is to be executed; | 24 weeks from the date of manufacturing clearance. |
| g) | Broad consideration or size of the order(s)/contract(s) | ₹5,54,79,894.00 (Five Crore Fifty Four Lakhs Seventy Nine Thousand Eight Hundred and Ninety Four Rupees, including GST.) |
| h) | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; | No |
| i) | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at 'arm's length | No |
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