Please refer the attached document
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Engineering And Projects Ltd has received a Work Order from Tata Steel Limited for the construction of a Priority Bituminous Trunk Road for Neelachal Ispat Nigam Limited's expansion project. The contract is an Item Rate Agreement with an estimated value of Rs. 60 Crores (excluding GST), to be executed over approximately 1 year. The payment will be regulated as per actual quantities executed. This is a domestic order and does not involve any related party transaction. The company's Managing Director, Fattehsingh Krishnrao Patil, signed the disclosure dated 10th April, 2026.
The Rs. 60 Crore work order represents a significant contract for Modern Engineering And Projects Ltd, likely exceeding 5% of annual revenue given the company's likely scale. This should provide near-term revenue visibility and a positive signal for the company's order book.