Master Components Limited Places Order for Electrical Molding Machine from International Firm
Master Components Limited has finalized the placement of a significant purchase order to secure an electrical molding machine from an international company. The transaction, which pertains to capital procurement, is expected to be completed within a specific timeframe following the order release.The company has committed to acquiring one electrical molding machine, with the total consideration amounting to approximately YEN (¥) 1,11,00,000.
Key details regarding this purchase order have been disclosed:
| Particulars | Description |
|---|---|
| Counterparty Entity | International Company |
| Nature of Order | Purchase of electrical molding machine |
| Broad Consideration | Approximately YEN (¥) 1,11,00,000 |
| Execution Timeline | 6 to 8 weeks from the Purchase Order release |
| Payment Terms | 10% Advance followed by Balance within 60 Days From Bill of Lading |
The purchase order specifies that it is not a related party transaction. The company also confirmed that neither the promoter nor the promoter group has any interest in the international entity providing the equipment.
MASTER Stock Price Movement
Shares of Master Components Limited slipped by 0.61% on Friday, settling at ₹356.80 after trading activity closed out the session. The stock traded within a range reaching up to ₹362.25, with the period recording a volume of 1,500 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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