Disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015 - Receipt of Orders for Execution of EPC Contracts
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Awaiting price reaction for this filing.
GRE Renew Enertech Ltd has received three EPC (Engineering, Procurement and Construction) contracts on a turnkey basis, all from domestic private companies — Pragna Pharma Pvt Ltd (₹8.90 crore), Green Leaf Chem Tech Pvt Ltd (₹7.41 crore), and Pragna Dyechem Pvt Ltd (₹2.97 crore). The aggregate order value is approximately ₹19.28 crore inclusive of applicable taxes. All three orders relate to the company's regular solar EPC operations and are to be executed within 6 months of receipt (by around August 2026). The company clarified that the orders are routine, in the ordinary course of business, involve no related party transactions, and do not change its business model or risk profile.
This adds ~₹19.28 crore to the order book, providing near-term revenue visibility over the next 6 months. However, since the company describes these as routine solar EPC orders from existing line of business with no special significance, the stock price impact is likely to be modest unless this represents a material portion of annual revenue.