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Thaai Casting Bags Dual Domestic Orders Totaling Approximately ₹80.52 Crores for Automotive Products

Thaai Casting Bags Dual Domestic Orders Totaling Approximately ₹80.52 Crores for Automotive Products Thaai Casting Bags Dual Domestic Orders Totaling Approximately ₹80.52 Crores for Automotive Products

Thaai Casting Limited (TCL) has announced the receipt of two new domestic orders, highlighting the continued confidence and trust of its customers in the company’s capabilities. TCL is engaged in the manufacturing of aluminium pressure die-casting dies, components, and precision-machined parts.

The combined value of the new orders is approximately ₹80.52 crore, with one large order of around ₹76.76 crore and another valued at about ₹3.76 crore. Both orders are for the supply of a range of automotive and non-automotive products to domestic clients.

Order Details at a Glance

  • Order 1 (Annexure A):

    • Value: ~₹76.76 crore

    • Execution period: 36 to 48 months

    • Scope: Supply of various automotive and non-automotive products

    • Market: Domestic

  • Order 2 (Annexure B):

    • Value: ~₹3.76 crore

    • Execution period: Up to 36 months

    • Scope: Supply of various automotive and non-automotive products

    • Market: Domestic

The company has clarified that neither the promoters nor promoter group entities have any interest in the awarding customers, and both orders do not qualify as related party transactions.

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