Conart Engineers Limited pleased to inform you that the company has received work order from M/s. Powerstatic Solutions India Private Limited for construction of new factory building and ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Conart Engineers Limited has received a work order valued at approximately ₹30.38 Crores from M/s. Powerstatic Solutions India Private Limited, Ahmedabad. The scope involves construction of a new factory building and related construction work at Sanand GIDC, District Ahmedabad, Gujarat. The project is to be completed within 8 months from the date of the purchase order. The order was received on 26th December 2025 at 2:20 PM. The filing clarifies that the order is from a domestic entity, there is no promoter or group company interest in the awarding party, and it does not qualify as a related party transaction.
This new order of ₹30.38 Crores adds to the company's order book and represents fresh revenue visibility over the next 8 months. For a small-cap construction company, this is a meaningful contract win that supports near-term business growth, though shareholders should note the value is approximate and subject to layout changes and extra work.