Core Announcement – Order Details
Awarding Entity: M/s HUXXE Readymade Garments Trading LLC
Domestic/International Order: International Entity (Dubai, United Arab Emirates)
Nature of Order/Contract: Export order for supply of various garment articles including T-Shirts, Trousers, and Shorts.
Order Value: USD 794,110.15 (INR 7.5 Crore) (Rupees Seven Crore Fifty lakhs only)
Materiality Context: Described as a "repeat export order" from an existing customer. Not specified as major or significant.
Execution Timeline: Two months from the date of Purchase Order i.e., September 3, 2026. The order must be executed by approximately November 3, 2026.
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones:
- Payment will be received within 90 days from the date of receipt of goods by M/s HUXXE Readymade Garments Trading LLC
- All consideration will be in US Dollar only
- All expenses relating to insurance and freight will be borne by M/s HUXXE Readymade Garments Trading LLC
- Governing law for disputes shall be the law of the United Arab Emirates
Whether Related Party Transaction: No, the order would not fall within related party transactions.
Promoter Group Involvement: No, none of the promoter/promoter group/group companies have any interest in the entity that awarded the order.
Financial Implication: Not Specified