OBSC Perfection Limited Receives Nomination Letter for Auto Components Supply Worth INR 22.6 Crores
OBSC Perfection Limited, formerly OBSC Perfection Private Limited, has received a Nomination Letter from an India-based Auto Components Manufacturer. The contract pertains to the manufacturing and supply of machined parts for automobiles.The agreement signifies a substantial business opportunity, with the total value assessed at INR 22.6 crores, to be supplied over a period of 7 years.
Key details regarding the order award include the following:
| Particulars | Detail |
|---|---|
| Name of the awarding entity | The India-based Auto Components Manufacturer |
| Nature of Order/Contract | Manufacturing and Supply of Machined Parts for Automobiles |
| Origin of Order | Domestic |
| Contract Value | Supply of Machined parts for Auto Components worth INR 22.6 Crs to be supplied over 7 years |
| Timeline | Estimated program life cycle of 7 years; Start of Production from Nov, 2028 and June, 2029. |
The nomination letter specifies that the contract involves the manufacturing and supply of machined parts. The order is classified as domestic, and the transaction does not involve related party transactions, nor does the Promoter or Promoter Group hold any interest in the awarding entity.
OBSCP Stock Price Movement
Shares of OBSC Perfection Limited are edging higher to ₹312.00 as of 1:05 PM today, up 9.49% in live trading. The stock is showing strong appetite, with 77,200 shares actively changing hands in the market.Source:
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.