Gulshan Polyols signs contract with Meghna Pulp -; Paper Mills; Stock slips 2%

11 May 2022 , 02:26 PM

Gulshan Polyols Ltd has signed and executed a Contract with Meghna Pulp & Paper Mills Limited, received on May 09, 2022.

As per the filing, the contract is for supplying of GCC, GCC Coating plant, Vibrator Separating Machine with standard accessories including motor, conveyor, panel etc. and spare parts for GCC & GCC Coated machine to Meghna Pulp & Paper Mills Limited.

Further, the contract for the aforesaid supply of goods and work is equal to $2,780,000.

At around 2:30 PM, Gulshan Polyols was trading at Rs278.20 apiece down by Rs5.35 or 1.89% from its previous closing of Rs283.55 apiece on the BSE.