Varvee Global Secures Purchase Order for Suiting Fabrics worth Approximately ₹12.08 Crores
Varvee Global Ltd, formerly known as Aarvee Denims and Exports Limited, has secured a domestic purchase order for the supply of suiting fabrics. The contract details involve Meet Synthetics Private Limited and carries an approximate value of ₹12.08 Crores.The order specifies the supply of approximately 9 lakh meters of suiting fabrics to Meet Synthetics Private Limited. This business agreement, which is classified as a domestic transaction, gives Varvee Global Ltd a three-month period to execute the contract.
Key details regarding this order are summarized below:
| Detail | Information |
|---|---|
| Entity Awarding Order | Meet Synthetics Private Limited |
| Nature of Contract | Supply of Suiting Fabrics |
| Order Size (Broad Consideration) | Approx Rs. 12.08 lacs |
| Quantity Ordered | Approximately 9 lakh meters of suiting fabrics |
| Execution Period | 3 Months |
The order falls under the category of a domestic contract awarded by a domestic entity, with the nature of the transaction being the supply of Suiting Fabrics.
VGL Stock Price Movement
As of 12:09 PM, shares of VARVEE GLOBAL LIMITED are slipping by 0.59% in live trading, currently registering at ₹68.75. The equity has seen active momentum as it trades against a volume totaling 178,675 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.
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.