BSEAsian Warehousing LtdMediumPositive
Announced Wed, 9 Apr · 15:22 IST

We are pleased to inform you that Asian Warehousing Limited has received the tender awarded by Food Corporation of India, Jaipur under the PWS-2010 Scheme.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Asian Warehousing Limited has been awarded a tender by Food Corporation of India (FCI), Jaipur, for warehousing services under the PWS-2010 (Private Warehousing Scheme). The contract is for the storage of foodgrains with a total awarded storage capacity of 9,240 Metric Tonnes. The approved rate is ₹7.40 per quintal per month for storage 'with services', which translates to roughly ₹82 lakh in annual revenue potential if the full capacity is utilised for a year. The order is domestic, awarded by a government entity, and there are no promoter or related party interests involved. The execution timeline will be decided by FCI, Jaipur.

Likely market impact

This adds a government-backed, recurring revenue stream to the company's warehousing business, though the contract size appears modest at current rates. It reinforces the company's role as an FCI empanelled storage provider under PWS-2010, supporting steady capacity utilisation.