Fertilizers
Contract Amendment2 April 2026 at 10:23 am

Kothari Industrial Corporation Ltd Receives 25% Quantity Enhancement in Service Contract from Integral Coach Factory, Chennai

AI Summary

Kothari Industrial Corporation Ltd has received an amendment to an existing service contract from Integral Coach Factory (ICF), Chennai. The amendment pertains to a 25% increase in the contract quantity for hiring of forklift trucks along with drivers, fuel, and associated staff. The revised total contract value stands at approximately ₹6.33 Crores, and the contract period has been extended up to July 24, 2026.

Key Highlights

  • 25% quantity enhancement in the service contract
  • Revised total contract value of approximately ₹6.33 Crores
  • Contract period extended up to July 24, 2026
  • Contract subject to variation clause and may be short closed if new tender rates are lower