Key Quantitative Figures
The company has received a work order with a value of ₹0.3038 Crore (Rs. 30,38,340/-) exclusive of GST.
Dates of Action
The work order was received on 17th October, 2026 at 3:11 P.M. The work order itself is dated 16th October, 2026 (Work Order No. WOD261090052). The order is valid up to 16th April, 2027.
Parties Involved
- Entity Awarding Order: GS PEB & Civil Works Private Limited
- Recipient: Shree Marutinandan Industries Limited (formerly known as Shree Marutinandan Tubes Limited)
Significant Terms and Conditions
The work order is for the supply and installation of pipe & sanitary fixtures as per approved specifications and makes, complete in all respects, on a lump sum basis.
Project Location: Village Gondakhairi, Ketapur, Taluka – Kalameshwar, Nagpur, Maharashtra.
Delivery: As per schedule to be finalized at site.
Payment Terms:
- 30 days payment terms
- No advance payment
- 60% payment against material delivery within 10 days of bill submission
- Balance payment as per site installation progress
- Retention amount as per work order, to be released after completion of the Defect Liability Period of 12 months
- GST payable extra as applicable
- TDS deductible as per prevailing norms
Scope: All machinery, tools, manpower, safety compliance and insurances are in the scope of the Company.
Business Context
The order is in the ordinary course of business and awarded by a domestic entity. There is no interest of promoters/promoter group/group companies in the entity awarding the order, and this does not qualify as a related party transaction.