Srivasavi Adhesive Tapes Limited — New Orders, 10-01-2025: Awarding of order(s)/contract(s)
Srivasavi Tapes has received a purchase order from Bharat Earth Movers Limited (BEML), a company under the Ministry of Defence, for the supply of EPDM rubber and EPDM foam for the locomotive industry. The value of the order amounts to ₹16.80 lakh inclusive of GST. This reflects an important business development, indicating the company's capabilities in serving significant domestic clients within a specialized market. The execution timeline will follow the terms outlined in the contract. This order could enhance Srivasavi’s growth potential and contribute positively to their revenue stream moving forward. Investors should monitor this development as it underscores the company's ability to secure substantial orders from government-related entities.
