Deals9 April 2026 at 04:37 am
HBL Engineering Ltd Secures Rs.83.81 Crores Order from Patiala Loco Works
AI Summary
HBL Engineering Ltd has accepted an order worth Rs.83.81 Crores (Inclusive of 18% GST) from Patiala Loco Works (PLW), Punjab for Supply, testing and commissioning of On-board KAVACH equipment (Ver.4.0). The contract is to be completed on or before April 15, 2027. This order does not fall under the Related Party Transaction category as none of the promoters are interested in the transaction.
Key Highlights
- HBL Engineering Ltd has secured an order worth Rs.83.81 Crores from Patiala Loco Works (PLW), Punjab.
- The order is for the Supply, testing and commissioning of On-board KAVACH equipment (Ver.4.0).
- The contract is to be completed on or before April 15, 2027.
- This order does not fall under the Related Party Transaction category.
- None of the promoters are interested in this transaction.