Master Components Limited Places Purchase Order for 7 Robots for New Electrical Machines
Master Components Limited has finalized a major procurement order for specialized equipment, placing a Purchase Order (PO) for the supply of seven robots. These robots are designated for new electrical machines recently acquired from Japan.The PO award was made to a domestic company. The total consideration for the order is approximately INR 38,49,300/-, excluding tax.
The nature of the contract involves the supply of robots intended for the operation of new electrical machines sourced from Japan. The transaction is confirmed as neither a related party transaction nor does it involve international entities.
The deal carries specific terms regarding payment and execution. The financial details and operational terms of the Purchase Order are summarized below:
| Particulars | Details |
|---|---|
| Number of Robots | 7 |
| Total Order Value | INR 38,49,300/- (approximately, excluding tax) |
| End User/Purpose | New electrical machines recently procured from Japan |
| Vendor Status | Domestic Company |
| Payment Structure | 50% advance along with the PO, with the remainder due upon complete installation and commissioning of all seven robots |
| Execution Timeline | Within 30 days from the date of the PO |
| Related Party Status | Not a related party transaction |
Master Components Limited’s operations confirm its focus on advanced machinery and automation, evidenced by this significant equipment purchase.
MASTER Stock Price Movement
Today, Master Components Limited settled flat at ₹340, posting a 0.00% change in its equity valuation. The stock closed precisely at its opening price, indicating stability across the trading 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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