logo
#

Latest news with #GhanshyambhaiNanjibhaiPatel

Yogi shares rise over 2% after winning Rs 46.21 crore industrial equipment order
Yogi shares rise over 2% after winning Rs 46.21 crore industrial equipment order

Business Upturn

time22-07-2025

  • Business
  • Business Upturn

Yogi shares rise over 2% after winning Rs 46.21 crore industrial equipment order

By Aditya Bhagchandani Published on July 22, 2025, 09:49 IST Shares of Yogi Ltd rose over 2% today after the company announced it has secured fresh purchase orders worth approximately ₹46.21 crore from Companion Vinimay Trading Private Limited, boosting investor sentiment. On Monday, July 21, the company informed exchanges under Regulation 30 of SEBI (LODR) that the orders cover the supply and delivery of a complete set of industrial equipment, including: Structure Assembly Head Assembly Rotary Table & Electrical Accessories Tool Changer & Additional Axis Other Accessories According to the filing, the orders were placed by a domestic customer and are expected to be executed within 15 days, under standard quality and delivery terms. Yogi clarified that neither the promoter group nor related parties have any interest in the contracting entity, and the transaction does not qualify as a related party transaction. Commenting on the development, Managing Director Ghanshyambhai Nanjibhai Patel emphasized the company's commitment to timely execution. The company stated the order, exclusive of taxes, strengthens its industrial equipment segment and is expected to positively impact near-term revenues. At the time of writing, Yogi Ltd shares were trading at ₹198.90, up 2.39%, on the BSE. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

Yogi receives Rs 46.21 crore purchase orders from Companion Vinimay Trading
Yogi receives Rs 46.21 crore purchase orders from Companion Vinimay Trading

Business Upturn

time21-07-2025

  • Business
  • Business Upturn

Yogi receives Rs 46.21 crore purchase orders from Companion Vinimay Trading

By Aditya Bhagchandani Published on July 21, 2025, 19:30 IST Yogi Limited announced on Monday (July 21, 2025) that it has secured fresh purchase orders worth approximately ₹46.21 crore from Companion Vinimay Trading Private Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the company's filing with BSE, the orders cover the supply and delivery of a complete set of industrial equipment, which includes: Structure Assembly Head Assembly Rotary Table & Electrical Accessories Tool Changer & Additional Axis Accessories The company informed that the purchase orders were awarded by a domestic entity and are expected to be executed within approximately 15 days. The orders carry standard terms relating to quality, delivery schedule, and mutually agreed pricing. Yogi Limited also clarified that neither the promoter group nor related parties have any interest in the contracting entity, and the transaction does not qualify as a related party transaction. The order value of ₹46.21 crore is exclusive of taxes. Commenting on the development, Managing Director Ghanshyambhai Nanjibhai Patel signed off the announcement from the company's Mumbai office, indicating the company's commitment to timely execution. This order strengthens Yogi Limited's industrial equipment segment and is expected to contribute positively to its near-term revenues. Disclaimer: The information provided is based on company filings and is intended for informational purposes only. Investors are advised to do their own research or consult a financial advisor before making any investment decisions. Neither the author nor the publisher is responsible for any actions taken based on this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store