Interarch Building Solutions has announced that it has secured a significant order from Rungta Mines Limited, strengthening its presence in the industrial infrastructure segment. The company confirmed the development in a regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations.
According to the disclosure, Rungta Mines Limited has issued a Letter of Intent (LOI) to Interarch for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The project is expected to be completed within 6 to 8 months.
The order carries an estimated value of around ₹90 crore, with the payment terms including 10% advance and another 10% on approval of drawings and designs. Interarch further clarified that this is a domestic order, and there is no promoter or related party interest involved.
This contract highlights the growing demand for advanced pre-engineered building solutions in the mining and industrial sectors.
