Ems Limited has informed the Exchange about receipt a Letter of Award for Electrical Works
EMSLIMITED · price
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EMS Limited has received a Letter of Award from Deltabulk Shipping India Pvt Ltd for electrical works at the Multimodal Logistics Park (MMLP) at Nagpur (Sindi, Wardha District, Maharashtra). The project is part of the PM Gati Shakti National Master Plan, with NHAI having signed an agreement with a Special Purpose Vehicle (SPV) of Deltabulk. The estimated order value is around Rs. 1,946.11 lakhs (approx. Rs. 19.46 crore), excluding GST, and must be executed within 7 months. The order is awarded by a domestic entity, and the company confirmed that promoters have no interest in the awarding party and the contract is not a related party transaction.
This new order adds to EMS Limited's order pipeline and strengthens its presence in the logistics infrastructure space, though at Rs. 19.46 crore it is a modest addition in scale. Shareholders should watch for execution within the 7-month timeline and any further order inflows from similar MMLP/infrastructure projects.