SBC Exports Limited Secures Export Order of ₹ 18 Crore from Dubai-based Firm
SBC Exports Limited has secured a repeat export order valued at ₹ 18 Crore from a Dubai-based textile company. The order is for a variety of garment articles, including T-Shirts, Trousers, and Shorts.The contract was awarded by M/s HUXXE Readymade Garments Trading LLC, establishing the transaction as an international export order.
The contract stipulates that the shipment must be executed within one year from the Purchase Order date of June 2, 2026.
Key commercial terms and conditions established in the agreement include the following:
| Detail | Condition |
|---|---|
| Order Value | ₹ 18 Crore (INR 18 Crores Approx.) |
| Client Entity | M/s HUXXE Readymade Garments Trading LLC |
| Product Scope | T-Shirts, Trousers, Shorts, and other garment articles |
| Payment Cycle | Within 90 days from the date of receipt of goods |
| Currency | US Dollar only |
| Expenses Covered | Insurance and freight will be borne by M/s HUXXE Readymade Garments Trading LLC |
| Governing Law | Law of the United Arab Emirates |
| Related Party Status | The order does not fall within related party transactions |
SBC Exports Limited noted that none of its promoter or promoter group companies have any interest in the entity that awarded the contract. The company affirmed that the transaction is not deemed a related party transaction.
SBC Stock Price Movement
As of 3:23 PM, shares of SBC Exports Limited are slipping by 0.19% in live trading, currently holding at ₹36.78. The stock is seeing substantial liquidity, trading on a volume of 11.54 million shares during the session.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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