BSEChiraharit LtdHighPositive
Announced Wed, 4 Feb · 18:49 IST

We wish to inform the Exchange that the Company has received a Purchase Order from Tata Power Renewable Energy Limited for supply and rendering of services in relation to Water RO Plant ....

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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

Chiraharit Limited has received a purchase order from Tata Power Renewable Energy Limited (TPREL) for the supply of pipes and fittings along with services for a Water RO Plant (Softner Plant) to be set up in Rajasthan. The total order value is approximately Rs. 69.15 lakh (about Rs. 0.69 crore). The order is domestic, not a related-party transaction, and the promoter group has no interest in TPREL. As per the delivery schedule, drawing submissions are due within 1 week, TPREL approval within another week, and final delivery within 45 days from the date of Material Freeze Confirmation (MFC).

Likely market impact

The order is modest in size at under Rs. 1 crore, so its direct financial impact may be limited. However, securing business from a Tata Group company in the renewable energy space is a positive credibility signal and could open doors for larger future contracts.