October 5, 2026: East India Drums & Barrels Mfg. has secured a confirmed work order valued at Rs 837.1 million from Hindustan Petroleum Corporation Limited (Hpcl). The contract entails the supply of Mild Steel (MS) drums to Hpcl locations in Silvassa and Mazgaon, India. The filing was disclosed to exchanges on April 27, 2026.
The company received a formal work order for Rs 837.1 million from Hpcl. The scope covers the supply of MS drums for specific operational sites. As this is a confirmed work order (TYPE A), the value is firm and executable, allowing revenue recognition to commence as delivery milestones are met, without the need for further contractual formalization such as a Letter of Award
(Source: Scan X)
To download the latest issue 'Volume 33 Issue 12 - September 25, 2026', click here |