Artson Ltd Secures Rs. 6.47 Crore Order from Tata Projects
Filing Summary
Artson Ltd has received a purchase order from Tata Projects Limited valued at Rs. 6.47 Crores, inclusive of taxes. The order involves the supply of finished structures and is classified as a domestic item rate order. The execution period for this order is four months. Tata Projects Limited, the awarding entity, is the promoter and holding company of Artson Ltd. The transaction is a related party transaction conducted at arm’s length. This update complies with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Artson Ltd has announced the receipt of a purchase order from Tata Projects Limited valued at Rs. 6.47 Crores, inclusive of taxes. The order pertains to the supply of finished structures and is categorized as a domestic item rate order. The execution period for this order is specified as four months.
The awarding entity, Tata Projects Limited, is the promoter and holding company of Artson Ltd. The transaction is identified as a related party transaction, conducted in the ordinary course of business and at arm’s length pricing.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The order is classified as domestic, with no international involvement.
Tata Projects Limited is a prominent player in the infrastructure sector, focusing on delivering projects across various domains such as industrial infrastructure, urban infrastructure, and utility services. The company emphasizes timely project execution and quality standards.
Artson Ltd, formerly known as Artson Engineering Limited, specializes in engineering and construction services. The company focuses on delivering high-quality engineering solutions and maintaining strategic relationships with key industry players.