Talbros Engineering Limited has informed about the receipt of the Project Completion Certificate from the Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC).
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Talbros Engineering has received a Project Completion Certificate from the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) for its project at Plot No. 80, Sector-68, IMT Faridabad. This certifies that the construction/development of the facility is formally complete as per HSIIDC's records. The company has clarified that commercial production or operations at this facility have not yet commenced, and a separate announcement will follow when they begin. The update was disclosed under SEBI Listing Regulations.
A positive step showing the project build is finished, but it does not yet generate any revenue. Shareholders should watch for the next update on commercial production start, which will be the real value trigger.