Marvel Decor Limited Secures International Purchase Order of INR 6.80 Crore for Customized Blinds
Marvel Decor Limited has secured a regular purchase order totaling INR 6.80 Crore from its Rest of the World (ROW) division, demonstrating growing international demand for its specialized products. The order is for the supply and installation of customized solutions, specifically focusing on Motorised Roller Blinds and Exclusive Long-Width Fabric Customization tailored to project requirements.The purchase order was received from an international entity and is scheduled to be executed within a period of six months.
This transaction stands as a non-related party deal, with the company confirming that neither the promoter nor any associated group companies have any interest in the entity that awarded the contract.
Key details regarding the international business opportunity are summarized below:
| Aspect | Details |
|---|---|
| Order Nature | Regular Purchase Order for Motorised Blinds and Customized Fabric Solutions |
| Client Origin | International Entity (Rest of the World Division) |
| Order Value | INR 6.80 Crore |
| Execution Timeline | Within 6 months |
The receipt of this purchase order highlights Marvel Decor Limited’s capacity to serve specialized global markets with its unique window furnishing solutions.
MDL Stock Price Movement
On Wednesday, Marvel Decor Limited shares surged in the market session, closing at ₹57.45 after gaining 11.53% and adding ₹6.10 to its previous close. The stock traded with a volume of 16,000 shares during the day.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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