Bajaj Steel Secures ₹9 Cr Domestic Contract for Major Warehousing Project

Bajaj Steel Industries Limited (Scrip Code: 507944) has announced the receipt of a significant new domestic order, valued at approximately INR 9.00 Crores (Rupees Nine Crores only).

This latest contract win signals positive momentum for the engineering firm in the infrastructure sector.

The order was secured from a domestic client and focuses on a key warehousing project. The scope of work is comprehensive, covering the Design, Supply, Manufacturing, Transportation to Site, and Erection of Pre-Engineered Building (PEB) Works.

The specialized nature of the PEB works means Bajaj Steel Industries Limited is handling the entire process, from initial design through to final installation at the project site.

Investors will note the clear timeline associated with the execution of this contract. The defined time period for completing the order is 5 months from the date of receipt, which includes all necessary mobilization and related activities.

This intimation regarding the substantial order was submitted to the BSE Surveillance Department under Regulation 30 of the SEBI Listing Regulations, 2015.

Furthermore, the company clarified the compliance details, confirming that the order was awarded by a domestic entity and is not categorized as a related party transaction. The filing also confirmed that neither the promoter, promoter group, nor group companies have any financial interest in the entity that awarded the contract.

The timely acquisition and swift execution plan for this ₹9 Crore contract position Bajaj Steel Industries Limited strongly within the growing domestic logistics and warehousing construction market.

Securing such integrated contracts underscores the company’s capability to deliver end-to-end PEB solutions for large-scale industrial requirements.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

---