Core Announcement – Order Details
Awarding Entity: AS Rajgopal Family Private Trust
Domestic/International Order: Domestic
Nature of Order/Contract:
Supply and execution of full home cabinetry products/services. This is a complete home cabinetry solution order.
Order Value:
₹1,62,53,048 (One Crore Sixty Two Lakh Fifty Three Thousand Forty Eight Rupees) inclusive of GST. Approximately ₹1.63 Crore.
Materiality Context:
Not Specified
Execution Timeline:
6-8 weeks for domestic cabinetry order. The order was booked on June 09, 2026 through the Company's Hosur Road SLN store.
Revenue Recognition / Billing Structure:
Not Specified
Key Terms & Payment Milestones:
- 70% advance payment (₹86,18,132) received, which is non-refundable
- 30% balance payment (₹76,34,916) payable before delivery
- Payment method: Bank transfer
- Price validity: 120 days
- Payment terms are in accordance with the order form terms
Whether Related Party Transaction:
No
Promoter Group Involvement:
No. The promoter/promoter group/group companies have no interest in the entity that awarded the order.
Financial Implication:
Not Specified