We wish to inform the Exchange that the Company has received a Purchase Order from Newzone India Private Limited for Supply, Erection, Testing & Commissioning of Electromechanical works ....
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Chiraharit Limited has received a purchase order worth Rs. 1.57 crore (excluding GST) from Newzone India Private Limited, a Torrent Group company. The order involves supply, erection, testing, and commissioning of electromechanical works for a potable (drinking) water system construction project located in Madhya Pradesh. Supply is to be completed within 2 months and services within 4 months from the date of the purchase order. The order is domestic, with no related party interest and no promoter group connection to the awarding entity.
This is a modest new order of about Rs. 1.57 crore that adds to the company's order book but is unlikely to move the stock materially on its own. Investors should track upcoming disclosures to see if the company secures larger follow-on contracts, as the Torrent Group association could signal a potentially broader relationship.