Interarch Building Solutions Limited (NSE: INTERARCH) has announced that it has secured a substantial order from M/s Amara Raja Infra Pvt Ltd. The order, valued at approximately ₹77 crore plus taxes, involves the design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems.
The project is slated for completion within 8 months. The terms include a 10% advance payment upon order confirmation.
This domestic order is expected to positively impact Interarch’s revenue stream in the coming quarters.
Shares of Interarch Building Solutions closed at ₹2150, up 1.2% today. The announcement was made outside market hours.
source: Corporate Announcement