Deals6 Sept 2026, 07:01 pm
Kalind Ltd Secures USD 5.26 Mn Equipment Rental Deal in Ghana
AI Summary
Kalind Limited has executed an Equipment Rental & Services Agreement with AME SAKI Mining and Construction Limited in Ghana. The contract, valued at USD 5,263,000 (approximately Rs. 50 Crore), involves providing heavy earthmoving and mining equipment along with operational support services for an initial period of twelve months. This agreement marks a significant international business development for Kalind Ltd, expanding its operational reach into the mining sector in Western Africa. The contract is subject to exchange rate fluctuations and standard terms and conditions.
Key Highlights
- Secured USD 5.26 Mn (approx. Rs. 50 Cr) international contract.
- Agreement for equipment rental and operational support services.
- Initial contract duration of 12 months.
- Expands Kalind Ltd's global operational footprint.
- No promoter or group company interest in the awarding entity.
Price Impact
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