Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shiv Texchem Limited ("the Company") informs that the Company has received Letter of Acceptance ....
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Shiv Texchem Ltd has received a Letter of Acceptance from Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC), a domestic government-owned entity, for the supply of Toluene. The contract is valued at ₹10.73 crore (₹10,72,97,400) and is to be executed at Hazira/Kandla within August 2025. This is a domestic order with no related party involvement. The contract represents a new business win for the company in its chemicals trading/supply business.
This ₹10.73 crore contract adds to Shiv Texchem's order book and provides near-term revenue visibility. The size of the contract relative to the company's overall revenue will determine its materiality for shareholders, but it demonstrates continued business traction with a reputed PSU client.