Additional work order from Reliance Industries for tank modification and repair works
Artson has received an additional Work Order from Reliance Industries Limited (RIL).
By ScoutQuest · · 2 min read
- Order Size
- Rupees One Crore Fifty-Four Lakh Only, excluding taxes
- Nature of Work
- tank modification and repair works
- Execution Period
- 12 Months
What was announced
Artson Limited (formerly Artson Engineering Limited) has informed the exchanges that it has received an additional Work Order from Reliance Industries Limited (RIL) on 2nd November 2026. The update refers to an earlier disclosure dated 20th February 2026 regarding receipt of an award, so this order comes in addition to that earlier one. The intimation to BSE is dated 3rd November 2026.
Order at a glance
- Entity placing the order: Reliance Industries Limited (RIL), a domestic entity.
- Nature of work: tank modification and repair works.
- Size: Rupees One Crore Fifty-Four Lakh Only, excluding taxes. The table in the update states the broad consideration as INR 1.54 Cr. (excluding taxes).
- Type of order: an Item Rate Order.
- Execution window: 12 Months.
- Promoter, promoter group or group company interest in RIL: No.
- Related party transaction: No.
What an item rate order means
In an item rate contract, work is billed against agreed rates for each item, based on the quantities actually executed, rather than as one fixed lump-sum amount for the entire job. The stated value is the size of the order as intimated in the update.
What the update confirms
- The order is domestic in nature.
- The awarding entity is Reliance Industries Limited.
- The company has stated that no promoter, promoter group or group company has any interest in the entity that placed the order.
- The company has stated that the order does not fall within related party transactions.
How to read this
This is a business update about the receipt of an order. It gives investors the customer, the type of work, the order size of INR 1.54 Cr. (excluding taxes), the item rate structure and the 12 Months execution window. The reader can weigh these details alongside the company's own disclosures.
Points to note
- The value is stated as excluding taxes, so the amount billed to the customer will also reflect applicable taxes.
- The execution period stated is 12 Months, so the work is spread over time rather than completed at once.
- The order is described as an addition to the earlier award referred in the update's reference to 20th February 2026.
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More numbers
- Order value (in words)Rupees One Crore Fifty-Four Lakh Only
- Broad consideration as stated in the tableINR 1.54 Cr. (excluding taxes)
- Time period for execution12 Months
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