Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Receipt of Order
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Kalind Ltd has received a purchase order worth Rs. 14.84 crore from Dhiaani Rental Company Limited, based in Sierra Leone. The order is for hiring of Excavator, Loader and Bulldozer equipment. The contract is international in nature with an initial period of 12 months, extendable by mutual written consent. The company clarified that the order is not a related party transaction and no promoter group interest is involved. The filing was made under SEBI LODR Regulation 30 disclosure requirements.
This international contract adds to Kalind Ltd's order book and provides revenue visibility for the next 12 months. The materiality for shareholders depends on the company's overall revenue base, which is not disclosed here. It signals the company's participation in overseas markets, which could be positive if such orders continue.