Dhabriya Polywood Limited, a leader in manufacturing and supplying eco-friendly uPVC and aluminum windows and doors, has announced a significant achievement. The company has received a prestigious work order from the DLF Group for the supply and installation of uPVC and aluminum windows and doors. The total contract value is an impressive ₹14.09 crore, inclusive of GST.
Key Details of the Work Order
As per the disclosure submitted to the Bombay Stock Exchange (BSE) on January 22, 2025, the work order includes:
- Scope of Work:
- Supply and installation of uPVC and aluminum windows and doors.
- Order Value:
- ₹2.36 crore for uPVC windows and doors.
- ₹11.73 crore for aluminum windows and doors.
- Execution Timeline:
- The project is expected to be completed in various tranches over 24 months, adhering to the terms of the contract.
- Nature of Award:
- The contract has been awarded by a domestic entity, the DLF Group, a prominent name in the real estate sector.
- No Related Party Interest:
- Neither the promoters nor group companies of Dhabriya Polywood Limited have any interest in the DLF Group, confirming the transaction does not fall under related party dealings.
Strategic Importance
This contract underscores the trust and confidence leading real estate developers like DLF Group place in Dhabriya Polywood’s products and services. It also highlights the company’s commitment to delivering quality and precision in the window and door manufacturing industry.
Official Announcement
The official communication to the BSE is available for reference. For more details, you can access the contract disclosure document using the following link:
View Official Disclosure on BSE
Disclaimer
This article is for informational purposes only and does not constitute an offer to buy or sell securities of Dhabriya Polywood Limited or any other company. Investors are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions. The company mentioned herein, its performance, or its contracts should not be interpreted as an indicator of future investment value or potential returns.
Disclaimer: This content is written by Chiman Soni, a CS Executive student and founder of Corporate Laws Hub. The information provided herein is for educational and informational purposes only and should not be construed as legal advice or financial advice. While every effort has been made to ensure the accuracy and reliability of the information, readers are advised to consult a qualified legal professional, financial advisor, or refer to authoritative sources for specific legal or financial queries or concerns.
Content Sources Disclaimer
The information provided in this article has been compiled from reliable and publicly accessible sources: MCA/ICSI/SEBI/Income Tax Department/GST Portal/(IP India)/Supreme Court of India/BSE/NSE/Other Sources.
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