BSEDMR Engineering LtdMediumPositive
Announced Wed, 25 Feb · 18:09 IST

Intimation of receipt of work order

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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

DMR Engineering has received a work order worth Rs. 4 crore (inclusive of GST) for the EPC execution of a 1.00 MW (AC) Solar PV project at PSS-Kharagpur, Munger, in Bihar. The contract was awarded by Mrs. Bibha Rani Yadav (a sole proprietorship firm), is purely domestic in nature, and carries a 6-month execution timeline. The company confirmed the order is not a related-party transaction and promoters have no interest in the awarding entity.

Likely market impact

This is a modest new order that adds Rs. 4 crore to the company's order book over the next six months. Investors should note this is a domestic EPC win and not a government/defence or export contract, so its strategic significance is limited in terms of diversification, but it shows continued order inflow for the company.