United Heat Transfer Lands Purchase Order from Ingersoll-Rand (India) Limited
United Heat Transfer Limited announced the receipt of a purchase order from Ingersoll-Rand (India) Limited for the manufacturing and supply of Heat Exchangers. The agreement, valued at approximately Rs. 30,08,000/- (excluding tax), marks a significant operational contract for the company.The purchase order involves the manufacturing and supply of Heat Exchanger units to be installed at the company's domestic plant. The transaction is with a domestic entity and has been confirmed as a non-related party transaction.
The agreement specifies detailed deliverables and timelines, as outlined below:
| Particulars | Detail |
|---|---|
| Awarding Entity | Ingersoll-Rand (India) Limited |
| Nature of Order | Manufacturing and supply of Heat Exchanger |
| Order Value | Rs. 30,08,000/- approximately (excluding tax.) |
| Payment Terms | Net 45 days |
The delivery schedule is segmented across several dates, covering ten distinct item groups. The required timeline for execution is as follows:
| Item Group | Delivery Date |
|---|---|
| Items 677, 678, and 679 | 01.01.2027 |
| Items 684, 685, and 687 | 09.09.2026 |
| Items 686 and 688 | 09.10.2026 |
| Items 689 and 690 | 20.10.2026 |
UHTL Stock Price Movement
Today, shares of United Heat Transfer Limited slipped by 1.01% to close at ₹54.05, down ₹0.55 from its previous session's close. The stock traded today amid moderate activity, recording a volume of 32,000 shares.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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