United Heat Transfer Limited secures multi-lakh order from Ingersoll-Rand for Heat Exchanger supply
United Heat Transfer Limited has received two significant purchase orders from Ingersoll-Rand (India) Limited, totaling approximately Rs. 59,94,000 (excluding tax), for the manufacturing and subsequent supply of Heat Exchangers to its domestic plant.The contract awards represent a substantial business development milestone for United Heat Transfer Limited. The company confirmed that these orders are not related party transactions, and there is no interest from any promoter or promoter group in Ingersoll-Rand (India) Limited.
The two purchase orders received from Ingersoll-Rand (India) Limited detail specific delivery schedules and financial commitments.
Financial and Operational Details of the Contracts:
| Particulars | First Purchase Order | Second Purchase Order |
|---|---|---|
| Consideration (Approx., excluding tax) | Rs. 28,79,000/- | Rs. 31,15,000/- |
| Shipment Delivery Dates | May 31, 2026, Nov 20, 2026, Nov 06, 2026, Jan 15, 2027 | Oct 09, 2026, Feb 19, 2027 |
| Payment Terms | Net 45 days | Net 45 days |
The orders are domestic in nature, with Ingersoll-Rand (India) Limited being the awarding entity. Both contracts pertain to the manufacturing and supply of Heat Exchangers for the company's domestic plant.
The delivery schedule for the first purchase order includes five shipments, spanning from May 31, 2026, up to January 15, 2027. The second purchase order encompasses four shipments scheduled between October 2026 and February 2027.
UHTL Stock Price Movement
Today, United Heat Transfer Limited shares rallied to close at ₹103.70, gaining 4.96% in the market session. The stock reached its annual high, with trading activity recording a volume of 148,000 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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