Intimation of receipt of work order
Price
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Awaiting price reaction for this filing.
DMR Engineering Ltd has received a work order worth Rs. 2.76 crore (exclusive of GST) for providing Project Management Consultancy Services for the Pareng 14.5 MW Hydropower Project in Arunachal Pradesh. The contract has been awarded by Virtuaal Pareng Hydro Private Limited, a domestic entity, and is to be executed over a period of 24 months. The order is for engineering consultancy services, is not a related party transaction, and the promoter group has no interest in the awarding entity.
This is a modest new order for the company that adds to its order book in the hydropower consulting segment. The 24-month duration provides revenue visibility, though the order size appears small and its material impact on the stock or shareholder value is limited without further context on overall revenue.