Marvel Decor Limited Secures International Order Worth INR 2.32 Crores for Curtains and Blinds
Marvel Decor Limited reported receiving a significant purchase order valued at approximately INR 2.32 Crores. The order was secured from the company's Rest of the World (ROW) Division, confirming its continued international business traction.The transaction involves the supply of Motorised Curtains and Blinds and is based on regular business terms. This purchase order from the ROW Division is noted as reflecting the further strengthening of the company's presence in these global markets.
The order is categorized as a regular purchase order and was placed by an international entity. Marvel Decor Limited expects the execution of the order within a period of two months.
Key details regarding the contract are summarized below:
| Detail | Specification |
|---|---|
| Order Value | INR 2.32 Crore |
| Awarding Entity | International Entity (ROW Division) |
| Product Nature | Motorised Curtains and Blinds |
| Execution Timeline | Within 2 months |
| Related Party Status | Not a related party transaction |
| Promoter Interest | No interest from promoter or group companies |
MDL Stock Price Movement
As of 1:37 PM, shares of Marvel Decor Limited are shedding 10.81% in live trading, dipping ₹6.05 to currently trade at ₹49.90. The stock has seen significant intraday activity, moving on a volume of 72,000 shares.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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