HRS Aluglaze Secures ₹26.94 Crore in New Orders
HRS Aluglaze announced Friday it has secured new orders totaling over ₹26.94 crore. Key clients include Safal Goyal Realty LLP, which awarded a ₹10.19 crore contract, and KEC International Limited, securing ₹7.23 crore. These deals are for aluminium composite cladding sheets.
Execution and Growth Strategy
The company plans to execute these orders within the next three to twelve months, with a significant portion targeted for completion by September 30, 2026. This influx of business strengthens HRS Aluglaze's strategic position in the building envelope and facade solutions market.
Managing Director Rupesh Shah expressed optimism, highlighting the strong order inflow, recent acquisitions, and the establishment of a dedicated subsidiary. He stated these developments position the company to capitalize on increasing sector demand. HRS Aluglaze recently enhanced its operational capacity by acquiring a business unit from Geotrix Building Envelope Pvt Ltd via a slump sale, boosting its ability to serve growing market needs.