We hereby inform the Exchange that pursuant to Regulation 30 of SEBI LODR Regulations, 2015 regarding receipt of purchase order from MOIL Limited with a total order value of Rs. 230 Crores. Detailed letter is enclosed.
SEPC · price
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Awaiting price reaction for this filing.
SEPC Limited has informed the exchanges about receiving a purchase order from MOIL Limited, a government-owned manganese ore mining company, valued at Rs. 230 Crores. The disclosure was made under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulation 30. MOIL Limited is a public sector undertaking under the Ministry of Steel, Government of India. This order is likely to add to SEPC's existing order book and provide revenue visibility. SEPC is primarily an EPC (engineering, procurement and construction) services company, and orders from PSUs form a key part of its business.
Positive for SEPC Limited as a Rs. 230 Crore order from a government PSU adds meaningful revenue visibility and strengthens the order book. The stock may see short-term positive sentiment, though actual impact depends on execution timelines and margins.