Interarch Building Solutions Secures 70 Crore Domestic Order
Filing Summary
Interarch Building Solutions Ltd has received a Letter of Intent for a domestic order valued at approximately 70 Crores. The order involves the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The project is scheduled for completion within eight months and includes a 15% advance payment. The customer’s identity remains confidential due to commercial reasons. This update is in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, as communicated to the National Stock Exchange and BSE Limited.
Interarch Building Solutions Ltd has announced the receipt of a Letter of Intent for a domestic order valued at approximately 70 Crores. The order pertains to the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The project is expected to be completed within a period of eight months.
The company has disclosed that the order includes a 15% advance payment. The name of the customer awarding this order has not been disclosed due to commercial confidentiality. This order is classified as domestic, and it does not involve any related party transactions.
The scope of work under this order encompasses complete design, engineering, manufacturing, and supply, along with the erection of the steel building system. The company has confirmed that the order is not related to any promoter or promoter group interests.
This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI circulars. The information has been communicated to both the National Stock Exchange of India Ltd and BSE Limited.
Interarch Building Solutions Ltd, formerly known as Interarch Building Products Limited, specializes in pre-engineered building solutions. The company focuses on providing comprehensive solutions in design, engineering, and construction of steel structures, catering to various sectors including industrial, commercial, and infrastructure projects.