SEPCNSESEPC LimitedHighPositive
Announced Mon, 29 Sept · 09:07 IST

We hereby inform the Exchange of the receipt of Work order from Avenir International Engineers and Consultants LLC, Abu Dhabi for a total consideration of approx. Rs. 32.63 Crore (INR). Detailed letter is enclosed.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SEPC Limited has secured a work order worth approximately Rs. 32.63 Crore (AED 13.5 million) from Avenir International Engineers and Consultants LLC, Abu Dhabi. The contract is for providing engineering services for various ADNOC (Abu Dhabi National Oil Company) projects and is structured as an international sub-contract. The order is from a foreign client, denominated in AED (pegged to the US dollar), and has no related party involvement. Execution timelines are yet to be shared by the counterparty.

Likely market impact

This adds a new overseas order to SEPC's order book, strengthening revenue visibility from the Middle East energy sector and confirming the company's ability to win international contracts.