Transteel Secures Major Workspace Solutions Orders Worth Rs 7.5 Crore

Transteel has secured new orders totaling Rs 7.5 crore from major enterprises including Brookfield Properties and GE Healthcare. The company will provide comprehensive workspace solutions across several Indian cities, aiming to complete these projects within 90 days. Transteel's order book now exceeds Rs 44 crore.

Transteel announced on Thursday that it has secured fresh orders worth Rs 7.5 crore from prominent enterprises such as Brookfield Properties, Oberoi Realty, and GE Healthcare.

The company will deliver full-scale workspace solutions, encompassing interior design and construction, alongside ergonomic furniture provisioning, for offices spanning Bengaluru, Mumbai, Pune, and Chennai, according to an exchange filing.

The recent orders, expected to be completed in 60 to 90 days, have pushed Transteel's order book beyond Rs 44 crore. The company anticipates a 49% CAGR growth in its Design & Build Business vertical over the next five years, as stated by Shiraz Ibrahim, Managing Director.

(With inputs from agencies.)