Vision Infra Equipment Solutions Limited Secures Work Order Valued at Rs 9.04 Crore
Vision Infra Equipment Solutions Limited has secured a significant work order from an Indian company for specialized laying work, boosting its contract portfolio in the infrastructure sector. The order involves DBM/BC Laying work and CTB/WMM Laying and is valued at Rs 9,04,88,300/- inclusive of all taxes.The transaction pertains to a domestic entity awarding the contracts. As per the details provided, the scope covers the execution of these specific laying services. The order is expected to be executed as per agreed terms.
The firm confirmed that there is no interest from the promoter or promoter group companies in the entity that awarded the work. Furthermore, the order does not fall under related party transactions.
Key details regarding the recent contract award are presented below:
| Particulars | Details |
|---|---|
| Name of Awarding Entity | Indian Company |
| Scope of Work | DBM/BC Laying work and CTB/WMM Laying |
| Type of Transaction | Domestic |
| Contract Value | Rs 9,04,88,300/- Inclusive of all taxes |
| Order Status | As per agreed terms |
| Related Party Transaction | No |
VIESL Stock Price Movement
Today, shares of Vision Infra Equipment Solutions Limited edged higher to settle at ₹316.35 after closing today, gaining 0.62%. The stock concluded the session with a traded volume of 33,600 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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