Tata-Group Backed Engineering Company Receives Order of Rs 11.09 Crore from Tata Projects Ltd

Artson Engineering Limited has announced a significant amendment to an existing purchase order from its holding company, Tata Projects Limited (TPL). Initially valued at Rs 6.47 crore, the domestic contract for the supply of finished structures has been enhanced by Rs 4.62 crore, bringing the total consideration to Rs 11.09 crore (including Taxes). The amendment was executed on February 17, 2026, following the original order date of November 24, 2025.

The project is structured as an item rate order and is slated for completion within a four-month timeline. Given that the contract was awarded by the company's promoter/holding entity, the deal is classified as a Related Party Transaction. However, Artson Engineering has confirmed that the agreement was reached in the ordinary course of business and conducted at arm’s length pricing, ensuring regulatory transparency and fair valuation for the structural supply services provided to TPL.

About the Company

Artson Limited (a Tata Enterprise), is a Company established itself over the last 4 decades into engineering, manufacturing, and Construction and in ship building, with expertise and experience in into Design and Manufacturing of Process Plant Equipment like the Pressure Vessels, Heat Exchangers, modular fabrication, and construction of industrial projects in various sectors like Oil & Gas, Infrastructure etc.

The company has a market cap of over Rs 500 crore and 75 per cent stake is owned by the Tata Group. The stock is up by 12 per cent from its 52-week low of Rs 125.30 per share and has given multibagger returns of 325 per cent in 5 years.

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Disclaimer: The article is for informational purposes only and not investment advice.