Receipt of Work Order - Anaya Consultancy Services.
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Techknowgreen Solutions Limited has received a work order worth Rs. 2.145 crore (₹2,14,50,000) from Anaya Consultancy Services. The scope includes obtaining environmental consents (Consent to Establish and Consent to Operate), factory layout and license approvals, a narcotics license, and technical consulting/advisory services, primarily related to a data centre facility and associated MIDC land matters. The order must be executed within 60 days and was awarded by a domestic entity. Notably, Anaya Consultancy Services is a sole proprietorship of the mother of Dr. Aniket Kadam, the company's Whole-Time Director and CFO, making this a related party transaction approved at arm's length by the Audit Committee, Board, and shareholders via postal ballot on July 5, 2025.
While this adds ₹2.145 crore to the order book, the related party nature of the contract (CFO's mother's firm) may draw investor scrutiny despite the arm's-length approvals. The 60-day execution window means revenue recognition should be quick, but the order size is modest relative to typical environmental consultancy operations.