Gujarat Toolroom Ltd receives new order of Rs. 31 crores from RIL

Gujarat Toolroom Limited ("the Company") has announced the following significant developments:

Successful Completion of Rs. 290 Million Order:

Gujarat Toolroom Limited successfully completed an order worth Rs. 290 million for construction supplies to Reliance Industries Limited on 14th October 2024. This order was previously secured on 5th March 2024 and marks a critical milestone in our partnership with one of India's most prominent conglomerates. The successful execution of this project demonstrates our ability to deliver highquality solutions within the stipulated timeline.

Award of New Rs. 310 Million Order from Reliance Industries:

We are also excited to announce that the Company has been awarded a new order worth Rs. 310 million from Reliance Industries Limited for the supply of additional construction materials. This order is expected to be completed within the next two months, further strengthening our ongoing collaboration with Reliance Industries.

These two orders bring the cumulative order value from Reliance Industries to a substantial Rs. 600 million. The continuation of this partnership reinforces the trust Reliance Industries places in Gujarat Toolroom Ltd., affirming our position as a dependable provider of construction supplies. We are optimistic about receiving further orders from Reliance Industries and other key clients, which will drive future growth and revenue expansion for the CompanY.

We remain committed to delivering excellence and ensuring the successfuI completion of these projectsp further solidifying our long-term relationships with esteemed clients like Reliance Industries.

Source : Equity Bulls

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GujaratToolroom OrderCompletion OrderWin RelianceIndustries RIL