We are enclosing herewith the copy of disclosure pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding ....
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Trishakti Industries Limited has secured a contract from Jindal Stainless Limited for the supply of advanced heavy machines to be deployed in Jindal's ongoing Steel Project. The total contract value is INR 52.5 Million (about INR 5.25 Crore). The order is domestic in nature, has a duration of 2 months, and is to be executed with immediate effect. The company has clarified that this is not a related party transaction and that the promoter/promoter group has no interest in Jindal Stainless Limited. Management expects a positive impact on operational performance in the forthcoming quarters.
This is a new domestic order from a reputed steel-sector client, which adds to the company's order book and reinforces its position in the infrastructure/equipment space. However, the absolute contract size is relatively small (INR 5.25 Crore), so the near-term impact on overall revenue and stock price is likely to be modest unless similar orders follow.