Interarch Building Solutions Secures Order Worth Approximately Rs. 80 Crores
Interarch Building Solutions Limited has secured a new order from a domestic customer, the company announced. Due to confidentiality and commercial considerations, the customer’s name is being withheld.The order, valued at approximately Rs. 80 Crores plus tax, encompasses design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The project is expected to be completed within approximately 7 months and includes a 10% advance payment with the order.
The terms and conditions of the order stipulate an approximate 7-month completion period, with a 10% advance payment included. The scope of work encompasses complete design, engineering, manufacturing, and supply & erection.
The company confirmed that neither the promoter, promoter group, nor group companies have any interest in the customer, and the order does not constitute a related party transaction.
| S. No. | Particulars | Remarks |
|---|---|---|
| 7 | broad commercial consideration or size of the order(s)/contract(s); | Approximately Rs.80 Crores Plus Tax |
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