BigBloc Construction Limited has secured a significant purchase order from Larsen & Toubro Limited for the supply of Autoclaved Aerated Concrete (AAC) blocks. The order, valued at ₹2.21 crore including GST, is scheduled for delivery over a period of 6 to 9 months and is entirely domestic in nature.
Order Details
The purchase order covers the supply of AAC blocks, a key material in the construction sector. Payment terms and execution timelines have been clearly defined in the agreement between the two companies.
Strategic Significance
The order highlights BigBloc Construction’s expanding presence in the construction materials market. The transaction with Larsen & Toubro, a leading construction firm, reinforces the company’s credibility and operational capabilities.
Non-Related Party Transaction
The deal is confirmed to be a non-related party transaction, as neither the promoters nor the promoter group of BigBloc Construction hold any interest in Larsen & Toubro. The transaction has been executed on an arm’s length basis.
Summary
BigBloc Construction Limited has received a ₹2.21 crore domestic order from Larsen & Toubro for the supply of AAC blocks, to be delivered over 6–9 months. The arm’s length transaction underscores the company’s growing market presence and strengthens its position in the construction materials sector.
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