India, June 18 -- Man Industries (India) Ltd. has received fresh domestic and international orders valued at approximately Rs 1,000 crore for the supply of various types of pipes.
The orders have been awarded by a mix of domestic and overseas customers and are scheduled to be executed within the next six to nine months. The company stated that the contracts pertain to the supply of different categories of pipes across markets.
Man Industries also clarified that neither its promoters nor promoter group entities have any interest in the customers awarding these contracts. Additionally, the orders do not fall under related-party transactions.
The latest order win is expected to strengthen the company's order book and provide revenue visibil...