Interarch Building Solutions has announced the acquisition of a significant order valued at approximately ₹102 crore, excluding taxes. The contract involves the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system.
The company, however, has not disclosed the name of the customer due to confidentiality and commercial considerations. The order is set to be completed within an estimated time frame of 8 to 10 months.
The project is domestic in nature, with the entire scope of work, including design, engineering, manufacturing, and supply, falling under Interarch Building Solutions‘ purview. The company confirmed that the contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract.
This development marks a significant step for Interarch Building Solutions, reinforcing its position in the domestic market for pre-engineered steel building systems.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).