Attached is the Press Release on Prestigious General Contract for development of Passport Seva Kendras (PSKs) on PAN-India basis.
EFCIL · price
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EFC (I) Ltd, through its wholly-owned subsidiary EFC Limited, has been awarded two additional Passport Seva Kendra (PSK) projects in Hyderabad under an existing PAN-India Rate Contract. The Ahmedabad PSK project, the first under this contract, is nearing completion, which the company credits as the basis for winning the new Hyderabad projects. The work scope involves complete interior turnkey fit-outs delivered on a design-and-build model. The projects are part of the government's Passport Seva Kendra initiative, making this a government-backed infrastructure engagement. No contract value or financial details were disclosed in the filing.
This signals continued order flow and execution credibility for EFC's design-and-build division, potentially positive for revenue visibility. However, without disclosed contract values, the near-term impact on earnings or stock price remains uncertain.