BMW Ventures Limited has secured its largest order worth ₹36 crore for the supply of structural steel under a project of Bharat Heavy Electricals Limited (BHEL). The order has been awarded to the company’s Fabricated Steel Manufacturing Division and will be executed over a period of 10 months from the date of the purchase order.
The contract involves the supply of fabricated structural steel for a BHEL project. According to the company’s disclosure under Regulation 30 of the SEBI Listing Regulations, the total order value stands at ₹36 crore, including taxes. The name of the awarding customer has not been disclosed due to confidentiality requirements.
As per the terms of the contract, an advance payment for raw materials has already been received, while the remaining payment will be made upon delivery. The order has been awarded by a domestic entity, and the entire execution will take place within India.
The company has clarified that neither the promoter group nor any group companies have any interest in the awarding entity. Additionally, the contract does not fall under related party transactions.
This order marks a significant milestone for BMW Ventures Limited, strengthening its order book and reinforcing its presence in the structural steel and fabricated steel segment. The development is expected to support revenue visibility over the next 10 months as the execution progresses.