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Gujarat Toolroom executes Rs 650 million order with Reliance Industries

22 Apr 2024 Evaluate

Gujarat Toolroom (GTL) has executed another segment of the ongoing contract with Reliance Industries (RIL). 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 Rs 650 million to Reliance Industries, 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 Rs 2 billion. The initial tranche of the contract amounting to Rs 290 million was satisfactorily completed last month. With the recent fulfillment of the Rs 650 million segment, GTL is poised to progress seamlessly towards completing the remaining portions of the contract in the forthcoming quarters.

Gujarat Toolroom specializes in building high production multi-cavity moulds. The company offers a complete moulding solution to its customers. They can conduct trials and pilot runs of moulds develoiped by them. They have a range of CNC moulding machines and supply finished plastic moulded precision parts at very competitive rates. 


Guj. Toolroom Share Price

0.66 -0.03 (-4.35%)
20-Apr-2026 16:59 View Price Chart
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