Agarwal Industrial Corporation Ltd Wins Tenders for Bulk Bitumen Supply.

Agarwal Industrial Corporation Limited (AICL) is pleased to announce the successful acquisition of tenders for the supply of bulk bitumen from two prominent public sector undertakings. The company has secured orders from Bharat Petroleum Corporation Limited (BPCL) for the supply of 12,500 MT of VG 30 Grade bitumen, valued at approximately Rs. 55 crore, and from Indian Oil Corporation Limited (IOCL) for the supply of 5,500 MT of VG 30 and VG 40 Grade bitumen, valued at approximately Rs. 21.5 crore.

The total supply volume across both orders amounts to 18,000 MT, with a combined value of Rs. 76.5 crore based on current market prices. These orders are expected to significantly boost AICL's top line and enhance profitability, benefiting the company's stakeholders.

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