Newmalayalam Steel Limited has announced that it has secured five domestic orders for supplying 500 metric tons of Demac GP Pipes and Tubes. The total value of the orders stands at Rs. 3.57 crore, inclusive of GST.
The orders have been placed by the following entities:
- Global Trade Links, Angamaly, Kerala
- Viswas Steels, Thrissur, Kerala
- Christ Marketing, Thrissur, Kerala
- Menachery Enterprises, Angamaly, Kerala
- National Steel Distributors, Kochi, Kerala
The contracts, dated December 30, 2024, are based on a sale agreement and are to be executed within 30 working days. These orders are purely domestic and do not fall under related party transactions, as clarified by the company.
This marks another significant achievement for Newmalayalam Steel as it strengthens its market presence and fulfills large-scale demands within the stipulated time frame.
