RRP Defense Ltd receives order worth Rs. 64.31 crores

RRP Defense Limited (formally known as Euro Asia Exports Limited) has received a Purchase Order for 16,035 units of VARDHANA X6: DAY SCOPE from Bharat Electronics Limited, Machilipatnam Unit, a Government of India Enterprise, for supply of VARDHANA X6: DAY SCOPE and its components.

As per the delivery schedule specified in the Purchase Order for 16,035 units of VARDHANA X6: DAY SCOPE along with its components, the Company shall supply the equipment in three lots - 9,275 Nos. within 7 months from the date of release of the Purchase Order, 4,500 Nos. by 27th June 2027, and 2,260 Nos. by 27th December 2027 - with deliveries permitted on a staggered basis subject to a minimum lot size of 1,000 Nos.

The consideration for the aforesaid Purchase Order is INR 64,31,00,000.05 (including GST).

Source : Equity Bulls

Keywords

RRPDefense OrderWin