Announced Tue, 23 Sept · 18:47 IST

Receipt of Sub contract work order - Anaya Consultancy Services

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AI summary

Techknowgreen Solutions has been awarded a sub-contract work order valued at Rs. 1,26,50,000 (about Rs. 1.27 crore) excluding GST from Anaya Consultancy Services. The end client is M/s. Data Center Holdings India LLP, which is setting up a large data center with a built-up area exceeding 1,50,000 sq. metres. Techknowgreen's scope includes obtaining Environmental Clearance (EC), Environmental Impact Assessment (EIA), Certified Compliance Reports, regularization of Half-Yearly Compliance Reports, and statutory consents (CTE and CTO). The work is to be completed in 8–10 months. The order is from a domestic entity, and the document notes that Anaya Consultancy is owned by the mother of a Whole-Time Director/CFO, but the transaction was approved by the Audit Committee, Board, and Shareholders as an arm's-length deal.

Likely market impact

This is a modest new order from a private data centre project and adds to the company's order book, but at Rs. 1.27 crore it is a small contract for a recently listed small-cap firm. It is not a government/defence order, nor an export order, and there is no indication of guidance being raised. Materiality depends on the company's revenue base, which is not disclosed in this filing.