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Latest news and order book updates for : Rites, Cupid, Force, Waaree on : 02 Jan 2025

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Corporate announcements are official statements released by companies to inform stakeholders about significant events, decisions, or changes within the organization. These announcements can encompass a wide range of topics, including mergers and acquisitions, financial results, dividend declarations, leadership changes, and strategic initiatives. Timely dissemination of information allows investors to assess a company’s performance and prospects, contributing to more accurate stock valuations and efficient capital markets. Announcements keep employees, customers, and partners informed about the company’s direction and developments, fostering engagement and loyalty.

Company Headline Issuer Entity Issuer Type Order Size Time Period
 Rites-Ltd Intimation regarding major order secured from Steel Authority of India Limited- Bhilai Steel Plant Steel Authority of India Limited – Bhilai Steel Plant Domestic Entity Rs. 69.78 Crores excluding GST 3 years
 Cupid-Ltd. Cupid Limited is hereby informing BSE about award of order. Medical Stores Department, Government of Tanzania International Entity INR 14.91 Crore (Approx.) Between February to April, 2025
 Force-Motors-Ltd. Company has received an order for supply of 2429 units of BSVI diesel ambulance to Medical Health and Family Welfare Department, Uttar Pradesh. Medical Health and Family Welfare Department Uttar Pradesh Domestic 2429 units December 2024 to March 2025
 Waaree-Energies-Ltd Receipt of New Order Renowned customer engaged in the business of owning, developing and operating renewable power projects in India. Domestic entity 150 MWp The supply of modules is scheduled to commence in FY 2025-26

Rites-Ltd

RITES has been awarded a work order for the repair of 43 WDS6 locomotives for a period of 3 years by Steel Authority of India Limited – Bhilai Steel Plant. The order is valued at Rs. 69.78 Crores excluding GST and is not a related party transaction.

Cupid-Ltd.

Cupid Limited has received a purchase order from Medical Stores Department, Government of Tanzania for supply of Male Condoms worth INR 14.91 Crore (Approx.). The order is to be executed between February to April, 2025.

Force-Motors-Ltd.

Force Motors Limited has received an order to supply 2429 units of BSVI Diesel Ambulance to Medical Health and Family Welfare Department, Uttar Pradesh. The order is expected to be executed between December 2024 and March 2025.

Waaree-Energies-Ltd

WAAREE Energies Ltd. has received an order for supply of solar modules for 150 MWp from a renowned customer engaged in the business of owning, developing and operating renewable power projects in India.

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