Kundan Edifice Secures Domestic Order from Lafit Lighting Solutions Worth INR 1.24 Cr.
Kundan Edifice Limited has secured a purchase order from Lafit Lighting Solutions in the normal course of business. The receipt of this order reinforces the company's operational planning and highlights its sustained engagement with prominent brands within the consumer electricals and lighting industry.The transaction involves the supply of LV Flex (Strip Lights) to Lafit Lighting Solutions, a domestic entity. This order is consistent with Kundan Edifice Limited's manufacturing capacity and its ongoing commitment to meeting customer delivery obligations. The order is expected to be executed within the mutually agreed timelines outlined in the purchase order.
The details of this transaction are as follows:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Lafit Lighting Solutions |
| Nature of Transaction | Normal course of business (Domestic) |
| Products Supplied | LV Flex (Strip Lights) |
| Consideration / Size of Order | INR 1.24 Cr. |
The company noted that the order does not involve any interest from the promoter or the promoter group, nor is it a related party transaction, and the deal is conducted on an arm's length basis.
KEL Stock Price Movement
Today, shares of Kundan Edifice Limited edged higher to close at ₹81.50, achieving a 1.88% gain. The stock traded 10,800 shares during the session, staying within an intraday range spanning from ₹80.2 to ₹83.95.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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