Sunita Tools Limited has announced the receipt of a significant purchase order worth Rs. 1.29 crore (including taxes) for the supply of nine mould bases from an undisclosed domestic client. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Highlights:

• Nature of the Contract: The order involves the supply of various mould bases to cater to the client's manufacturing needs.
• Domestic Scope: The contract is domestic, emphasizing Sunita Tools’ commitment to supporting Indian industries.
• Execution Timeline: The mould bases are to be delivered as soon as possible, indicating a fast-track requirement.

Strategic Relevance:

Sunita Tools, a recognized leader in manufacturing precision tools and components, sees this new contract as a boost to its operational momentum. The company is also managing a work-in-progress portfolio valued at Rs. 11.08 crores, further demonstrating its robust pipeline and market demand.

SEBI Compliance and Transparency:

As required by SEBI Circular No. CIR/CFD/CMD/4/2015, the company has confirmed:

• The order does not fall within related party transactions.
• There is no promoter or promoter group interest in the awarding entity.
  
  

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Industry Outlook:

With this order, Sunita Tools Limited continues to strengthen its position in the Indian manufacturing sector. The company's precision mould bases are critical components in industrial production processes, reflecting the company's expertise and reliability.

This development aligns with the company's growth strategy to secure high-value domestic contracts and maintain a robust operational pipeline. Shareholders and stakeholders can expect this order to contribute positively to Sunita Tools’ financial performance in the coming quarters.

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