Taylormade Renewables Ltd wins order from Asian Paints Ltd

Taylormade Renewables Ltd is receipt of new work order from India's largest paint manufacturer company ASIAN PAINTS LIMITED for the proprietary TRL RAIN Technology plant wroth INR 1.54 Crores to treat their Effluent at their Asian Paints Plant, Khandala, Dist. Satara, Maharashtra and feel proud to have them in our Customer List. On successful installation of first plant, Asian Paints Limited would install such plants at their all other manufacturing units.

This order has been received after conducting numerous trials, technical discussions through VCs, detailed technical due diligence for a period of two years, comparison of worldwide available & existing technologies for the paint industry effluent treatment and its Techno-Economic Analysis. The receipt of order from an industry leader such as Asian Paints Limited validates the technical superiority of TRL's offerings.

We expect the influx of orders to increase substantially in coming times as we intend to forge a long-term relationship with Asian Paints Limited in order to address their waste water treatment problems.

Post the receipt of this order the cumulative order book of the company stands at about 150 Crores and has achieved sales of INR 16.52 Crores as on July 17, 2023.

Shares of Taylormade Renewables Ltd was last trading in BSE at Rs. 400.00 as compared to the previous close of Rs. 390.00. The total number of shares traded during the day was 9600 in over 12 trades.

The stock hit an intraday high of Rs. 400.00 and intraday low of 370.50. The net turnover during the day was Rs. 3711200.00.

Source : Equity Bulls

Keywords

TaylormadeRenewables INE459Z01017 OrderWin AsianPaints