Latest news and order book updates for : Comrade, Bpl Ltd. on : 25 Dec 2024

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
	Comrade-Appliances-Ltd	In terms of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are glad to inform that our Company has received Air Cooler order from Reliance Retail Limited for a value of more than INR 148.85 million. This disclosure is made as per SEBI Circular No. SEBI/HO/CFD-poD1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure-A.	Reliance Retail Limited	Domestic	148.85 million INR	3 Months
	Bpl-Ltd.	Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015	Hon’ble Supreme Court of India, Delhi	Domestic	72,00,00,000/-	by 25th December, 2024

Comrade-Appliances-Ltd

Comrade Appliances Limited has received an order from Reliance Retail Limited for the supply of Air Coolers worth 148.85 million INR. The order is expected to positively impact the company’s revenue in the upcoming quarters.

Bpl-Ltd.

BPL Limited has been ordered by the Supreme Court of India to pay Rs. 72,00,00,000/- to Morgan Securities and Credits Private Limited. The payment is due to a dispute over an amount claimed by an unsecured creditor. The company has complied with the order and paid the amount. The sudden outflow of funds may have a bearing on the cashflows of the company and future expansion projects, but the management is making efforts to ensure that it does not affect the present operations of the company.
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