Transteel Seating Technologies Secures Order from CBRE South Asia Pvt Ltd Worth Rs 31,50,206
Transteel Seating Technologies Limited has secured a contract order from CBRE South Asia Pvt Ltd for the supply of chairs. The order, valued at Rupees 31,50,206 excluding taxes, represents business won by the company in the furniture sector.The contract involves Transteel Seating Technologies supplying chairs to CBRE South Asia Pvt Ltd. This domestic order is expected to be completed within a timeframe of 45 days.
According to the details provided, there is no interest held by the promoter or promoter group in the entity that awarded the order. Furthermore, the transaction does not fall under related party dealings and is being conducted at arm's length.
Key details regarding the contract are summarized below:
| Aspect | Detail |
|---|---|
| Client Entity | CBRE South Asia Pvt Ltd |
| Nature of Business | Chairs supply |
| Order Value (Excl. Taxes) | Rs 31,50,206 |
| Origin of Awarding Entity | Domestic |
| Expected Completion Timeline | 45 Days |
TRANSTEEL Stock Price Movement
Today, shares of Transteel Seating Technologies Limited edged higher to close at ₹120.80 after settling a gain of 1.68%. The stock traded on a volume of 63,000 shares and finished strongly within its intraday range, having touched a low of ₹118.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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