Diffusion Engineers Limited has announced the receipt of a domestic order worth approximately ₹7.6 crore for the supply of rollers for a cement mill roller press. The order is scheduled to be delivered over the next 10 months.
The company disclosed this information in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155, dated November 11, 2024.
The order was awarded by a domestic client. Diffusion Engineers has confirmed that there is no interest of the promoter, promoter group, or group companies in the entity to whom the order was awarded, and the transaction does not constitute a related party transaction.
Particulars | Details |
---|---|
Name of the entity awarding the order(s)/contract(s) | Domestic Client |
Significant terms and conditions order(s)/contract(s) awarded, in brief | Supply of Rollers for Cement Mill Roller Press |
Whether order(s) / contract(s) is awarded by domestic/international entity | Domestic entity |
Nature of order(s) / contract(s) | Supply of Rollers for Cement Mill Roller Press. |
Whether domestic or international | Domestic |
Time period, if any, associated with the order(s)/contract(s); | 10 Months |
Broad commercial consideration or size of the order(s)/contract(s) | About INR 7.6 Crores |
Whether the promoter/ promoter group/group companies have any interest in that entity to whom the order(s)/contract(s) is awarded? If Yes, nature of interest and details thereof | No |
Whether the same would fall within related party transactions? If yes, whether the same is done at "arms length" | No |
The order is to be delivered over a period of the next 10 months.
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