Umiya Tubes Ltd Secures Order Worth Rs. 9,64,06,000 from Cocreate Global Technologies
Umiya Tubes Ltd has secured a major order from Cocreate Global Technologies Private Limited, valued at Rs. 9,64,06,000, including GST. The transaction involves the supply of specialized materials as part of the company's ordinary course of business.The significant order awarded by the domestic entity, Cocreate Global Technologies Private Limited, covers two key materials: Yellow Tungsten Oxide and Ammonium Paratungstate.
According to the details provided, the order scope is as follows:
| Material Supplied | Quantity | Delivery Timeline |
|---|---|---|
| Yellow Tungsten Oxide | 3000 KG (3 MT) | On or before May 2, 2026 |
| Ammonium Paratungstate | 2000 KG (2 MT) | On or before May 2, 2026 |
The total commercial consideration for this contract is set at Rs. 9,64,06,000, which includes GST. The company confirmed that there is no interest of the promoter or promoter group in the awarded entity, and the transaction does not fall within the scope of related party transactions.
Stock Price Movement
Umiya Tubes Ltd shares settled at ₹43.20 today, marking a substantial gain of 9.98% on the session. The stock was locked at ₹43.20 throughout the day, trading completely flat from open to close.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.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.