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.

Shree Marutinandan Tubes Limited has secured a work order from Acline Projects Private Limited for fire fighting work valued at ₹0.4250 crore. The order was awarded on June 09, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project involves execution on a back-to-back basis for the construction of critical care blocks in Jammu & Kashmir.

The work order pertains to the Fire Fighting Work of Construction of 50 Bedded, 100 Bedded Critical Care Block (CCB) & DIPHL at various locations in Jammu & Kashmir and their maintenance during the Defect Liability Period. This is on a Comprehensive Design, Engineering, Procurement and Construction (EPC) basis at Baramulla. The company confirmed that the order falls within the ordinary course of business and was awarded by a domestic entity.

Project Details

The order stipulates a project duration of 06 Months, followed by a Defect Liability Period of 24 Months. The total consideration for the execution of the fire fighting work is ₹0.4250 crore including GST. The order is subject to the terms and conditions stipulated in the underlying agreement.

The disclosure confirmed that the promoter, promoter group, or group companies do not have any interest in Acline Projects Private Limited. Consequently, the transaction does not fall within related party transactions. The bagging of the contract occurred on June 09, 2026, at 07:00 pm.