"Sunita Tools Wins ₹3.48 Crore Contract for Mould Base Plates"

Sunita Tools Limited has announced the acquisition of a ₹3.48 crore contract for a range of mould base plates. The order, placed by a domestic entity identified as an OEM, machine manufacturer, and steel processor, includes steel mould products and clamping unit plates.

Sunita Tools is expected to complete the contract "as early as possible." The company clarified that the order does not involve related party transactions and that neither the promoters nor any group companies have a stake in the awarding entity.

This contract represents a strategic move for Sunita Tools as it seeks to enhance its position in the domestic market for steel mould products.

HBL