rishakti Industries Limited has proudly announced the acquisition of a major contract from NCC Limited. The agreement involves the deployment of advanced earth-moving heavy equipment to support NCC’s ongoing Adani Power Project.
This significant contract reaffirms Trishakti Industries’ position as a reliable partner in the infrastructure sector, offering high-capacity equipment solutions for large-scale projects.
Key Details of the Contract
- Name of the Awarding Entity:
- NCC Limited
- Scope of Work:
- Supply of advanced earth-moving heavy equipment for the Adani Power Project.
- Contract Size:
- INR 60 Million.
- Nature of the Award:
- Domestic contract for equipment supply.
- Execution Timeline:
- Effective immediately, with a project duration of 12 months.
- Promoter/Group Interest:
- The promoters or group companies of Trishakti Industries Limited do not have any interest in NCC Limited. The transaction is not a related party transaction and is conducted on an arm’s-length basis.
Strategic Impact
The contract is expected to have a positive impact on the company’s financial performance in the upcoming quarters, reflecting its growing expertise and market leadership in supplying heavy equipment for large-scale infrastructure projects.
Official Announcement
The company’s detailed disclosure has been filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155. For more information, you can access the official document using the link below:
Disclaimer
This article is for informational purposes only and does not constitute an offer to buy or sell securities of Trishakti Industries Limited or any other entity. Investors are advised to conduct independent research and consult a qualified financial advisor before making any investment decisions.
Disclaimer: This content is written by Chiman Soni, a CS Executive student and founder of Corporate Laws Hub. The information provided herein is for educational and informational purposes only and should not be construed as legal advice or financial advice. While every effort has been made to ensure the accuracy and reliability of the information, readers are advised to consult a qualified legal professional, financial advisor, or refer to authoritative sources for specific legal or financial queries or concerns.
Content Sources Disclaimer
The information provided in this article has been compiled from reliable and publicly accessible sources: MCA/ICSI/SEBI/Income Tax Department/GST Portal/(IP India)/Supreme Court of India/BSE/NSE/Other Sources.
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