Simplex Castings Ltd. Receives Order Worth ₹23.13 Crores from SMS India Pvt. Ltd.
Simplex Castings Ltd. announced it has received an order valued at ₹23.13 Crores from SMS India Pvt. Ltd. The order involves the supply of Coke Oven Doors. The work is scheduled for completion within 5 months from the date of the purchase order.The order, for Coke Oven Doors, Door Frames, and Wall Protection Plates, was awarded by a domestic entity. Simplex Castings confirmed that neither the promoter group nor any group companies have an interest in SMS India Pvt. Ltd., and the transaction is not considered a related party transaction.
Here’s a summary of the order details:
| Particulars | Details |
|---|---|
| Entity Awarding Order | SMS India Pvt. Ltd. |
| Type of Entity | Domestic |
| Product | Coke Oven Doors, Door Frames, and Wall Protection Plates |
| Order Type | Supply of Coke Oven Doors |
| Completion Timeframe | 5 months |
| Order Value | ₹23.13 Crores |
| Promoter/Group Interest | No |
| Related Party Transaction | No |
Sangeeta K Shah, Managing Director of Simplex Castings Limited, confirmed the order.
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