Gujarat Toolroom Limited has successfully executed another segment of the ongoing contract with Reliance Industries Limited. This latest development signifies its commitment to fulfilling its contractual obligations and underscores the strength of its business relationship with RIL. GTL has delivered construction supplies valued at INR 650 million to Reliance Industries Limited, marking the second installment of the agreed-upon contract.

This order represents a significant milestone for GTL and reaffirms its capability to meet the diverse needs of its esteemed clients. As previously disclosed, the total contract size between GTL and RIL exceeds INR 2 billion. The initial tranche of the contract amounting to INR 290 million was satisfactorily completed last month.

With the recent fulfillment of the INR 650 million segment, GTL is poised to progress seamlessly towards completing the remaining portions of the contract in the forthcoming quarters. Time period by which the order(s)/contract(s) is to be executed: 30 Working Days.