LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange about Agreements
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Lloyds Engineering Works Limited's subsidiary, Techno Industries Private Limited (88% owned), has entered into an agreement with Mumbai Railway Vikas Corporation Limited on August 2, 2025. The agreement is for the procurement of escalators including design, manufacturing, supply, installation, testing, commissioning, and warranty-period maintenance at various Western Railway locations. The agreement value is Rs. 13.82 crore (excluding GST) / Rs. 16.31 crore (including 18% GST). The agreement will be executed through the subsidiary and falls under the company's existing railway infrastructure business.
This is a new order win for the company's subsidiary, adding to its order book in the railway infrastructure segment. While the value of ~Rs. 13.82 crore is modest, it reinforces the company's presence in the government railway sector and could modestly support revenue visibility.