Supreme Industries Secures Repeat Order from Bharat Petroleum
Filing Summary
Supreme Industries Ltd has received a Letter of Acceptance from Bharat Petroleum Corporation Ltd (BPCL) for a repeat order. The order involves the supply of approximately 200,000 units of 10 KG Composite LPG Cylinders. The total value of the order is approximately INR 54 crores. The contract is valid for six months from the date of the Letter of Acceptance, with a possible extension at BPCL’s discretion. This transaction does not involve any related party transactions or interests from the promoter group.
Supreme Industries Ltd has received a Letter of Acceptance from Bharat Petroleum Corporation Ltd (BPCL) for a repeat order. The order is for the supply of approximately 200,000 units of 10 KG Composite LPG Cylinders. The total value of the order is approximately INR 54 crores.
The contract is valid for a period of six months from the date of the Letter of Acceptance. BPCL has the discretion to extend the contract for an additional period of up to six months. The order has been awarded by a domestic entity, and the nature of the contract is the supply of Composite LPG Cylinders.
There is no involvement of related party transactions in this order, and the promoter or promoter group does not have any interest in BPCL.
Bharat Petroleum Corporation Ltd is a major player in the oil and gas sector, focusing on refining, marketing, and distribution of petroleum products. The company is involved in various strategic initiatives to enhance its market presence and operational efficiency.
Supreme Industries Ltd is engaged in the manufacturing of plastic products, including industrial and consumer goods. The company focuses on expanding its product portfolio and strengthening its market position through strategic partnerships and orders.