Alphalogic Industries Wins Order for Storage Racking System from NTEx Transportation Services

Team Finance Saathi

04/Dec/2024

What's Covered under the Article:

Alphalogic Industries has won an order to design, manufacture, supply, and install a Storage Racking System for NTEx Transportation Services in Maharashtra.
The total value of the order is ₹25,37,000, including GST, and is to be executed within the current quarter.
The order does not involve related party transactions, and there is no interest from the promoter group in the awarding entity.

Alphalogic Industries Limited, formerly known as Alphalogic Trademart Limited, is pleased to announce that it has won an order to design, manufacture, supply, and install a Storage Racking System for NTEx Transportation Services Private Limited. The project will be executed across the company’s units located in Mumbai, Thane, and Amravati, Maharashtra.

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this announcement highlights the significant contract awarded to Alphalogic Industries. The company has been entrusted with the design and installation of a storage racking system, a key component in logistics and warehousing solutions, aligning with the growing demand for such infrastructure in India.

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The order, valued at ₹25,37,000 (₹25.37 Lakhs), inclusive of GST, is expected to be executed within the current quarter, reflecting Alphalogic Industries’ capacity to meet tight timelines while delivering high-quality systems.

This contract is awarded by a domestic entity, and there is no involvement of related party transactions in this agreement. Additionally, the promoter group of Alphalogic Industries has no direct interest in NTEx Transportation Services.

Alphalogic Industries has shown significant growth in the field of logistics infrastructure and this project further strengthens its position as a trusted provider of essential supply chain solutions.

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Alphalogic Industries Wins Order for Storage Racking System from NTEx Transportation Services

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