Vdeal System Secures Order Worth ₹10.92 Million for Power Distribution System
Vdeal System Limited has been awarded a new order for the supply of a Power Distribution System, securing a contract valued at ₹10,924,548/- from NMDC STEEL Limited. The transaction falls within the normal course of Vdeal System’s business operations and represents an expansion in the company's client base.The contract stipulates the delivery of the Power Distribution System as per the purchase order issued by NMDC STEEL Limited. This project is scheduled for completion, with the specified delivery deadline set for December 15, 2026.
The details concerning this commercial assignment are outlined below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | NMDC STEEL Limited |
| Nature of Contract | Supply of Power Distribution System |
| Commercial Value | ₹10,924,548/- (Rupees one crore nine lakhs twenty-four thousand five hundred forty-eight only) |
| Delivery Timeline | Completion by December 15, 2026 |
| Origin | Domestic entity |
The order was received in the normal course of Vdeal System Limited’s business. Furthermore, both the client and the company confirmed that there are no existing interests or relationships with the promoter group or related party transactions tied to this contract.
VDEAL Stock Price Movement
Today, shares of Vdeal System Limited edged higher to settle at ₹162, following a slight 0.09% gain on the trading day. The stock closed after seeing a range between ₹162 and ₹171.5, with 15,000 shares traded.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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