Kothari Industrial wins Rs 24.93 cr food catering LOA from Tiruppur Municipal Corp
KOTIC · price
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Kothari Industrial Corporation received a Letter of Acceptance from Tiruppur City Municipal Corporation to provide food services under the Perunthalaivar Kamarajar Morning Breakfast Scheme for school children. The 3-year contract is worth Rs 24.93 crore at about Rs 9.08 per packet, to be served from a common kitchen in Anupparpalayam covering wards 11, 31, 47, and 41. Security deposit due in 7 days, agreement execution within 15 days. Domestic order with no related party interest.
New 3-year government catering contract adds Rs 24.93 cr revenue visibility. Domestic order, no promoter or related party interest involved.