Vdeal System Limited Wins Major Contract for Power and Automation Panels, Boosting Business Outlook
Vdeal System Limited has secured a significant new contract for the supply of Power System and Automation Panels from Orbittal Electromech Engineering. The order, valued at ₹123,801,111.26, indicates continued expansion in the industrial sector for Vdeal System Limited.The company won the order from the domestic entity, Orbittal Electromech Engineering, to supply Power System and Automation Panels as per the purchase order specifications. The contract details specify that the materials are scheduled for delivery before August 10, 2026.
This business acquisition was confirmed as part of Vdeal System Limited's normal course of operations, with no reported interest or involvement from the promoter group in the client entity (Orbittal Electromech Engineering).
Key details regarding the contract are summarized below:
| Particular | Details |
|---|---|
| Client Entity | Orbittal Electromech Engineering |
| Order Nature | Supply of Power System & Automation Panels |
| Nature of Client | Domestic entity |
| Contract Value | ₹ 123,801,111.26 (Rupees twelve crore thirty-eight lakh one thousand one hundred eleven and twenty-six paise only) |
| Delivery Timeline | Before August 10, 2026 |
| Related Party Status | No |
The contract serves as a milestone in Vdeal System Limited's efforts to expand its market footprint.
VDEAL Stock Price Movement
On Friday, shares of Vdeal System Limited slipped by 3.01%, settling at ₹161 after a downturn from previous trading levels. The stock traded within an intraday range defined by a high of ₹165, with the total traded volume standing at 1,200 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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