Vdeal System Secures New Contract Worth ₹22.5 Lakhs for Power Distribution System Supply
Vdeal System Limited has announced the receipt of a new order for the supply of a Power Distribution System, signing a contract with Vedanta. The deal is set to bolster the company's growth trajectory and contribute to enhanced shareholder value.The order, valued at ₹2,256,819.46 (Rupees twenty-two lakhs fifty-six thousand eight hundred nineteen and forty-six paise only), involves Vdeal System Limited supplying a Power Distribution System to Vedanta. The company views this contract as a natural expansion of its business operations, reaffirming its commitment to the successful execution and delivery of projects.
The commercial terms of the order specify that the delivery is due by 04-November-2026.
Key details regarding the contract are as follows:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Vedanta |
| Nature of Contract | Supply of Power Distribution System as per the purchase order. |
| Commercial Consideration | ₹2,256,819.46 |
| Delivery Timeline | Completion by 04-November-2026 |
| Client Status | Domestic |
The contract falls within Vdeal System Limited's normal course of business, and the company confirmed that neither the promoter nor the promoter group holds any interest in Vedanta. The transaction is not classified as a related party transaction.
VDEAL Stock Price Movement
Shares of Vdeal System Limited currently stand at ₹163.00 as of 10:48 AM, holding steady in live trading with no change recorded. Trading activity remains concentrated, with 1800 units exchanging hands so far this morning.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.