Transteel Seating Technologies Lands Order for Modular Furniture from CBRE South Asia Pvt Ltd
Transteel Seating Technologies Limited has secured a significant order worth Rs 37,16,653, excluding taxes, for the supply of Modular Furniture and Chairs. The contract was awarded by CBRE South Asia Pvt Ltd.The transaction details confirm that Transteel is set to supply the specialized modular furniture items to the domestic entity. This contract represents a business development achievement for the company in the corporate sector.
Key terms and conditions pertaining to the order include:
| Metric | Detail |
|---|---|
| Customer Entity | CBRE South Asia Pvt Ltd |
| Product Ordered | Modular Furniture and Chairs |
| Order Value (Excluding Taxes) | Rs 37,16,653 |
| Nature of Client | Domestic Entity |
| Execution Timeline | Expected completion within 45 Days |
The order is not identified as a related party transaction. Furthermore, the company confirmed that neither the promoter nor the promoter group holds any interest in CBRE South Asia Pvt Ltd.
TRANSTEEL Stock Price Movement
Today, shares of Transteel Seating Technologies Limited gained significantly in the post-market session, closing at ₹136.10 after edging up 5.16%. The stock recorded a total traded volume of 97,000 shares during the trading period today.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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