Announced Fri, 12 Sept · 13:22 IST

Intimation of Order award from Tata Steel Ltd and Associated Capital Expenditure

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AI summary

Trishakti Industries Limited has secured a work order from Tata Steel Limited for deploying advanced machinery and skilled manpower at one of Tata Steel's project sites. The company is making a fresh capital expenditure of approximately ₹3.0 crores to acquire advanced machinery for executing this contract. The total contract value is upwards of ₹1.02 crores inclusive of taxes, with an initial duration of 12 months and an execution deadline of 20th September 2025. With this order, Trishakti Industries' cumulative capital expenditure for FY26 now stands at approximately ₹52.5 crores, reflecting its strategy to build a high-capacity fleet for infrastructure and heavy industry clients. The order is domestic and is not a related party transaction, with no promoter group interest in Tata Steel.

Likely market impact

Winning an order from a marquee client like Tata Steel strengthens revenue visibility and credibility, which could positively influence investor sentiment. The ongoing capex push signals management's confidence in demand, though the near-term ₹1.02 crore contract value is modest relative to the company's overall capex commitments.