Shree Marutinandan Tubes Limited has secured a work order worth approximately ₹0.7617 crore from Mehta & Associates Fire Protection Systems Pvt Ltd for the execution of fire fighting systems at the POWERGRID Kurnool Transmission Limited project in Andhra Pradesh. The order, awarded on June 23, 2026, encompasses the design, supply, testing, erection, and commissioning of a hydrant system, a conventional fire detection and alarm system, and a high velocity water spray (HVWS) system. The project is located at Manukurthi Village in Adoni, Kurnool, with a stipulated delivery date of December 30, 2026.

Order Details

The contract is classified as an ordinary course of business transaction with a domestic entity. The total consideration for the order is ₹0.7617 crore, including GST. The scope of work includes freight and transportation, which fall within the company's responsibilities. The agreement is subject to the jurisdiction of Ahmedabad.

Payment Terms

The purchase order outlines a structured payment schedule to facilitate the project's execution. The terms stipulate that 25% of the payment will be made as an advance, followed by 25% upon dispatch. Another 25% is due upon the completion of built-up erection, with the final 25% payable 30 days after the invoice is raised.

Regulatory Disclosures

The company confirmed that neither the promoter group nor any group companies hold any interest in the entity awarding the contract. Furthermore, the transaction does not qualify as a related party transaction. The intimation was submitted to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shree Marutinandan Tubes Limited has secured a work order worth ₹2.2444 crore from Value Fashion Retail Limited, an Arvind group entity, for the execution of piping work. The order, awarded on June 22, 2026, encompasses plumbing, compressed air, steam, and condensate piping work at the Arvind site. This contract is part of the ordinary course of business and was awarded by a domestic entity.

Order Details and Terms

The purchase order (PO No. 3500580671) specifies an INCOTERM of DAP (Arvind Site). The payment terms stipulate that 95% of the amount is to be paid within 30 days, while 5% will be retained until the completion of the Defect Liability Period. The contract includes a warranty period of six months and a Defect Liability Period of 12 months.

Liquidated damages are set at 0.5% per week, subject to a maximum of 5% of the contract value. The order is subject to the terms and conditions stipulated in the underlying purchase order.

Project Timeline

The delivery date for the project is scheduled for July 23, 2026, with the completion schedule mutually agreed upon by both parties. The total consideration for the execution of the piping work is ₹2.2444 crore including GST.

The disclosure was made to BSE Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The promoters, promoter group, or group companies do not have any interest in Value Fashion Retail Limited, and the transaction does not fall within related party transactions.