Interarch Building Solutions Secures Domestic Contract Valued at Rs.102 Crores Plus Taxes
Interarch Building Solutions Limited, formerly known as Interarch Building Products Limited, has secured a significant order for the supply and erection of a Pre-Engineered Steel Building System. The company confirmed the major domestic contract, stating that the name of the awarding customer could not be disclosed at this time due to commercial confidentiality concerns.The contract awarded to Interarch involves comprehensive services, including the complete Design, Engineering, Manufacturing, Supply, and erection of the specified Pre-Engineered Steel Building System. This domestic contract is slated for completion within an approximate period of 8 to 10 months.
The transaction is reported as a domestic order, and the company confirmed that the contract does not fall within related party transactions. The total commercial consideration for the order is approximately Rs.102 Crores plus taxes.
Key details regarding the order are summarized below:
| Particulars | Details |
|---|---|
| Nature of Order | Design, Engineering, Manufacturing, Supply & erection of Pre-Engineered Steel Building System |
| Contract Value | Approximately Rs.102 Crores plus taxes |
| Origin | Domestic |
| Execution Timeline | Approximately 8-10 months |
| Customer Name | Cannot be disclosed due to commercial confidentiality |
| Related Party Status | No interest of the promoter or promoter group |
INTERARCH Stock Price Movement
Interarch Building Solutions Limited shed 3.25% in after-hours trading today, settling at ₹2026.2. The stock finished the day on a volume of 50,471 shares, marking a substantial decline from its opening levels.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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