BMW Ventures Gets ₹72.94 Crore Tata Projects Orders; Shares Rise 4.96%

Mumbai, September 16: BMW Ventures Limited has secured two purchase orders worth ₹72.94 crore, including taxes, from Tata Projects Limited for the supply of TMT steel to the USTC-PP Adani project.

The company disclosed the order win in an exchange filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

BMW Ventures Receives TMT Steel Orders From Tata Projects

According to the filing, Tata Projects has placed two purchase orders with BMW Ventures for the supply of TMT steel conforming to FE-550D grade specifications.

The steel will be supplied for the 3×800 MW USTC-PP Adani project. The combined value of the orders is ₹72,93,60,950, inclusive of applicable taxes.

The orders come with a 100% advance payment condition, including GST. BMW Ventures is required to complete the execution and delivery within eight weeks from the date of the purchase order.

The company has classified the transaction as domestic. It also confirmed that there is no promoter or promoter group interest in the awarding entity and that the orders do not fall under related-party transactions.

Stock Market Snapshot

The BMW Ventures share price stood at ₹54.17, up ₹2.56 or 4.96%, as of 12:10:55 PM IST on September 16, 2026, according to the market data shown.

The stock remained close to the ₹50 level during the early part of the session before gaining momentum around noon. It moved to ₹54.17 at the latest available timestamp.

The sharp move in the stock came as the company announced the Tata Projects orders. However, the share-price movement should not be treated as a direct measure of the order’s eventual contribution to revenue or profit.

Orders To Be Completed Within Eight Weeks

The purchase orders relate to the supply of TMT steel for project construction requirements. The filing does not provide separate values for the two orders, but confirms their combined consideration at ₹72.94 crore, including taxes.

BMW Ventures will receive 100% advance payment, including GST, under the agreed terms. Delivery and execution are scheduled to be completed within eight weeks from the purchase order date.

The company has not disclosed the expected margin, profitability or revenue recognition schedule for the orders.

Tata Projects Named As The Awarding Entity

Tata Projects is the entity that placed the orders with BMW Ventures. The steel supply is linked to the USTC-PP Adani project, which involves a 3×800 MW power-generation capacity.

For BMW Ventures, the contract adds to its project-linked steel supply business and provides an opportunity to participate in a large infrastructure-related assignment.

The filing does not mention any additional long-term supply arrangement beyond the two purchase orders.

No Related-Party Involvement

As per the regulatory disclosure, the transaction does not involve any promoter or promoter group interest in the awarding entity.

BMW Ventures has also confirmed that the orders are not related-party transactions. The contract has been classified as a domestic business arrangement.

The company has not provided further details on the project’s overall value, the final delivery location or the expected impact on its financial statements.

Conclusion

BMW Ventures has received two TMT steel supply orders worth ₹72.94 crore from Tata Projects for the USTC-PP Adani project.

The orders cover FE-550D grade TMT steel and include a 100% advance payment condition, including GST. BMW Ventures is expected to complete the supply within eight weeks from the purchase order date.

The contract strengthens the company’s presence in project-related steel supplies and adds to its business from infrastructure-linked customers.

Meanwhile, the BMW Ventures share price rose ₹2.56, or 4.96%, to ₹54.17 as of 12:10:55 PM IST on September 16, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/BMWVENTLTD/BMW-Ventures-Limited
• https://nsearchives.nseindia.com/corporate/BMWVENTURES2024_16092026115733_INTIMATION.pdf