Disclosure under Regulation 30 of Securities & Exchange Board of India (Listing Obligations & Disclosures Requirements)Regulations,2015-Intimation of Order received -Reliance Industries Limited.
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Trishakti Industries has won a work order from Reliance Industries Ltd to deploy advanced machinery and skilled manpower at one of RIL's flagship project sites. The company is making a fresh capital expenditure of approximately ₹210 million (inclusive of taxes) to acquire advanced machinery for executing this contract. The contract value itself is upwards of ₹26.5 million inclusive of taxes, with an initial duration of 6 months and immediate execution. The order is domestic in nature, with no related party or promoter interest involved. Management says this reinforces confidence from top-tier corporates and is expected to improve revenue visibility and profitability in upcoming quarters.
Positive for shareholders — securing a contract from a top-tier corporate like Reliance and backing it with ₹210 million in capex signals strong order inflow visibility and potential margin expansion, though the short 6-month duration means execution needs to be monitored closely.