Marvel Decor Limited Secures International Purchase Order Worth INR 1.17 Crore
Marvel Decor Limited has secured a purchase order worth INR 1.17 Crore from an international entity in the Middle East. The contract pertains to the supply and installation of motorized blinds, marking a significant international revenue development for the company.The regular purchase order was received from Middle East Speciality of Marvel. The scope of work involves the supply and installation of Motorized Roller Blinds with Slant Window for Slant Window applications.
The order is categorized as an international transaction, with the total consideration set at INR 1.17 Crore. Marvel Decor Limited expects the execution of this order within a three-month period.
The key details regarding the secured purchase order are outlined below:
| Detail | Description |
|---|---|
| Order Value | INR 1.17 Crore |
| Origin Entity | Middle East Speciality of Marvel (Middle East) |
| Product/Service | Motorized Roller Blinds with Slant Window for Slant Window |
| Nature of Order | Regular Purchase Order of Motorized Blinds |
| Transaction Scope | International Entity/International |
| Execution Timeline | Scheduled to be executed within a period of 3 months |
The company confirmed that the order does not constitute a related party transaction, and the promoter or promoter group does not have any interest in the awarding entity.
MDL Stock Price Movement
On Tuesday, Marvel Decor Limited shares settled flat at ₹52.9, mirroring its previous closing price. The stock found stable footing, holding steady within its trading band and reporting no change in value.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.