Vdeal System Limited Secures ₹18 Million Order for Power Distribution System
Vdeal System Limited has announced the receipt of a new order worth ₹18,832,800/- to supply a Power Distribution System. The contract was awarded by MOGLI LABS, positioning this win as part of Vdeal's ongoing efforts to expand its business footprint and secure sustained growth.The domestic entity, MOGLI LABS, awarded the order for the specialized system. The contracted value stands at ₹18,832,800/- (Rupees one crore eighty-eight lakhs thirty-two thousand eight hundred).
According to details provided regarding the contract, Vdeal System Limited is required to complete and deliver the order by January 15, 2027.
The key aspects of the commercial deal are as follows:
| Particulars | Details |
|---|---|
| Client Name | MOGLI LABS |
| Nature of Contract | Supply of Power Distribution System |
| Commercial Consideration | ₹18,832,800/- |
| Delivery Deadline | January 15, 2027 |
| Relationship Status | The order was received in the normal course of business and does not fall under related party transactions. |
VDEAL Stock Price Movement
Today, Vdeal System Limited shares rallied as the stock closed at ₹163 after edging up by 1.88%. The equity traded within a tight intraday range, moving between ₹163 and ₹165 during the session.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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