Toll Free: 1800 103 1369 Email Us:customercare@canmoney.in

Markets

Market

News Details

(06/11/2025 17:55)

Bajaj Steel Industries gets advance payment for Rs 100 crore Export Order

Bajaj Steel Industries Ltd has received an advance payment for an export order worth approximately Rs 100 crore, originally booked in 2022. The order covers the design, manufacturing, supply, installation supervision, and commissioning of cotton ginning and delinting machinery for an international client, to be executed over a period of one year.

The order was earlier disclosed in the company’s “Pending Order Position” in investor presentations. The receipt of advance payment marks a key milestone in the project’s execution.

The company confirmed that the order is fully international in nature, does not involve any related-party transactions, and has no promoter group interest.
Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remain in investor's account.