Announced Fri, 22 Aug · 19:44 IST

Receipt of work order - Indran Logistics Park Pvt Ltd

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Techknowgreen Solutions has received a work order worth Rs. 4,74,36,000 (about Rs. 4.74 crore including GST) from Indran Logistics Park Pvt Ltd, dated 14th August 2025. The order is a service assignment to obtain the conversion of ILP (Industrial Location Permission) to IIA (Industrial In-principle Approval) for the Khopoli-2 site, to be completed by 30th September 2025. Payment is milestone-based: 25% on filing the application with MIDC's Chief Planner, 25% on the Chief Planner's recommendation to HPC, and the remaining 50% on receiving the final IIA conversion order. The order has been awarded by a domestic, non-related-party entity.

Likely market impact

This is a short-duration, milestone-linked service order of modest value for the company. It adds a new private-sector client and a logistics-park project to the order book, but given the small size and one-month execution window, the immediate impact on share price is likely limited.