Receipt of work order - Cipla Limited
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Techknowgreen Solutions Ltd has received a work order worth Rs. 1,04,33,376 (about Rs. 1.04 crore, excluding GST) from Cipla Limited, dated September 30, 2025, and received by the company on October 7, 2025. The scope involves Miyawaki plantation works, including planting at 4 saplings per square metre, boundary planting of Bobo trees, installation and maintenance of drip irrigation, submission of periodic reports to the EC Committee in MoEF format, and one year of operation and maintenance. The project must be executed by January 31, 2026. Payment is structured as 20% advance, 30% on land development, 30% on plant supply, 12% after irrigation installation, and 8% monthly against O&M for one year. The order is from a domestic entity and is not a related party transaction.
This is a modest new order win from a well-known pharmaceutical client, which adds to the company's order book but is unlikely to materially move the stock. Positive sentiment from bagging a reputed client like Cipla, though the absolute size (~Rs. 1.04 crore) is small.