We are enclosing herewith the copy of disclosure pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 regarding the ....
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Trishakti Industries Ltd has won a domestic contract from NCC Limited, a major infrastructure company, to supply advanced earth-moving heavy equipment. The contract is valued at INR 60 Million with a 12-month duration and is to be executed with immediate effect. The company has described this as a significant order that will support NCC Limited's ongoing infrastructure project. There is no promoter group or related party interest in NCC Limited, confirming this is an arms-length transaction. Management expects the order to positively impact financial performance in the coming quarters.
This is a modest-sized order for Trishakti Industries but adds visibility on near-term revenue from a reputed infrastructure client. Positive for sentiment, though the INR 60 Million value is unlikely to be transformational for the stock on its own.