Maruti Global Industries Secures Sub-Contract Work Order Worth Rs 5.9 Crores from MSN Life Sciences
Maruti Global Industries Limited has received a sub-contract work order amounting to approximately Rs 5.9 Crores from MSN Life Sciences Private Limited. The contract pertains to the execution of works related to 'Construction of Structural Works, Retaining Walls, Fabrication, & Others'.The receipt of this domestic work order is considered part of the normal course of business for Maruti Global Industries. Management noted that the project is expected to contribute positively to the company's operational performance.
MSN Life Sciences Private Limited awarded the sub-contract work order to the company, with the scope covering construction tasks such as structural works and fabrication. The contract is set to be executed according to the terms of the Work Order and is valid up until March 31, 2027.
The details provided in the contract show that the total consideration for the work is Rs 59,00,000 (Grand Total), covering civil works specified in the agreement.
Stock Price Movement
Maruti Global Industries Ltd settled at ₹39.16 on Friday, edging higher by 3.74% in the closing trade. The shares navigated within an intraday range established between a low of ₹37.70 and a high of ₹39.36.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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