Interarch Building Solutions Secures Order worth Rs. 87 Crores Plus Taxes in Renewable Energy Sector
Interarch Building Solutions Ltd., formerly known as Interarch Building Products Limited, has secured a contract from a customer operating within the renewable energy and solar panel industry. The order involves the complete Design, Engineering, Manufacturing, Supply, and erection of a Pre-Engineered Steel Building System. Due to commercial considerations, the name of the client has not been disclosed.The agreement represents a significant business development opportunity for the company. The contract details confirm that the client is a domestic entity, with the scope covering all aspects from design through installation.
Key operational and financial details regarding the order are presented below:
| Particulars | Details |
|---|---|
| Nature of Order | Design, Engineering, Manufacturing, Supply & erection of Pre-Engineered Steel Building System. |
| Customer Type | Domestic entity. |
| Order Value | Approximately Rs. 87 Crores Plus Taxes. |
| Execution Period | Approximately 10 months. |
The agreement terms also confirm that the promoter or the promoter group has no interest in awarding the order to the client, and the contract does not fall within related party transactions. Interarch Building Solutions is committed to delivering the entire system over the approximate 10-month period.
INTERARCH Stock Price Movement
Interarch Building Solutions Limited shares are edging higher as of 11:08 AM today, having gained ₹42.60 or 2.28% and currently trading at ₹1913.4. The stock demonstrates robust momentum in the live market, with over 37,834 shares exchanged during the session.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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