Godha Cabcon & Insulation Ltd. (NSE: GODHA), a growing player in Infrastructure and electrical sector, has announced receipt of a significant order from Overseas Metal & Alloys Pvt Ltd. valued at Rs. 566 million.
The company said, “We are thrilled to share an exciting development at Godha Cabcon &
Insulation Ltd. Today, we announce the successful acquisition of a substantial order from
overseas Metal & Alloys Million Pvt. Ltd, a prominent player in the industry. This order is valued at approximately Rs 566 and represents a significant step forward in our mission to provide top-quality products and services to our valued customers.”
The order received from overseas Metal & Alloys includes the supply of 1. 4 Core HT Power
Cables, Quantity: 120,000 meters and Aluminium ACSR Weasel Conductor, Quantity: 120,000 meters.
The combined value of these materials, as per the agreed pricing, amounts to approximately Rs 566 million. This order underscores the company’s commitment to meeting the diverse and evolving needs of its clients, and it is dedicated to ensuring its successful fulfilment. The company understands the importance of timely delivery to Overseas Metal & Alloys’ project. Therefore, it is committed to delivering the materials within the agreed-upon timeframe. The estimated delivery period is within 25 days from the date of order placement.
As part of its standard procurement process, the company appreciates Overseas Metal & Alloys’ commitment to an advance payment, which facilitates the smooth execution of this order. The advance payment received will be allocated to the order and is non-refundable in the event of cancellation.
This collaboration with Overseas Metal & Alloys Pvt. Ltd reaffirms the company’s dedication to delivering top-quality products and services. It also highlights the company’s commitment to expanding its presence in the market and forging a lasting partnership with its valued clients. As the company continues to serve the infrastructure and electrical sectors, it remains open to exploring new opportunities and expanding its product offerings to better meet the evolving needs of its customers.
“We would like to extend our sincere gratitude to Overseas Metal & Alloys Pvt. Ltd for choosing Godha Cabcon & Insulation Ltd as a trusted partner for their project. We look forward to a successful collaboration and to delivering materials of the highest quality, meeting and exceeding their expectations.”, the company further added.
Godha Cabcon And Insulation Ltd emerges as a notable player in the cable and conductor
manufacturing sector, with roots tracing back to 1987. Over the past three years, the company has undergone significant expansion, doubling its production capacity. Notably, the firm ventured into manufacturing XLP Coated wire, incorporating cutting-edge technology.
Presently, the company’s product portfolio encompasses ACSR Conductor wire, stay wire, DPC wire, and XLP Coated wire / Conductor. With the highest production capacity in Madhya
Pradesh, the firm’s machinery exemplifies the latest technological advancements.
The securities of the company are listed on the National Stock Exchange (NSE: GODHA).