BMW Ventures Wins ₹4.49 Crore Order for Pre-Engineered Steel Building Project
Filing Summary
BMW Ventures Limited has secured a ₹4.49 crore order from a structural steel manufacturer for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building. The order, awarded to the company’s PEB Manufacturing Division, is domestic and will be executed within 45 days from the purchase order date. Payment terms include 10% advance and balance before shipment. The company confirmed there is no related party involvement or promoter group interest in the transaction.
BMW Ventures Limited has announced the receipt of an order valued at ₹4.49 crore from a structural steel manufacturer. The disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
As per the filing, the order has been secured by the company’s Pre-Engineered Building (PEB) Manufacturing Division. The scope of work includes design, engineering, manufacturing, and supply of a pre-engineered steel building structure. The order also covers the erection of the steel building components as part of the overall project execution.
The customer’s name has not been disclosed in the filing due to confidentiality obligations. The contract is domestic in nature and has been awarded by an Indian structural steel manufacturer. The project includes a 10% advance payment, with the balance payable before shipment as per the contractual terms.
The filing specifies that the project will be executed and delivered within 45 days from the date of the purchase order. The order value, including applicable taxes, stands at ₹4.49 crore.
The company confirmed that there is no promoter, promoter group, or group company interest in the entity that awarded the contract. The order does not fall within the scope of related party transactions. All terms and conditions are as per standard commercial arrangements between the parties.
The disclosure was made in accordance with the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and will also be made available on the company’s website.
About BMW Ventures Limited:
BMW Ventures Limited operates in the pre-engineered building (PEB) and structural steel fabrication space, catering to various industrial, commercial, and infrastructure projects. The company’s operations span design, engineering, manufacturing, and on-site erection of structural steel buildings. BMW Ventures provides customized solutions for clients across multiple sectors, including manufacturing, warehousing, logistics, and heavy industries. The company focuses on turnkey steel structure projects within India and works with both private and institutional clients.