Deals6 Nov 2024, 03:48 pm
CONART ENGINERS LTD. Secures $40 Crore Order for Woven Sacks & FIBC Plant Construction
AI Summary
CONART ENGINERS LTD. has announced that they have received a prestigious order for the construction of a factory building, plant, and ancillary structure for woven sacks and FIBC at Silvasa. The project cost is estimated to be around 40.00 crore, and the company will provide civil work services. The completion period is set to be 15 months from the start date of 1st November 2024, excluding GST. In compliance with the Prevention of Insider Trading code and SEBI regulations, the trading window for dealing in securities of the company will be closed for all insiders, designated persons, and their immediate relatives, connected persons, fiduciaries, and intermediaries until 48 hours after the information is made public.
Key Highlights
- CONART ENGINERS LTD. has received a $40 crore order for the construction of a woven sacks and FIBC plant.
- The project involves building a factory, plant, and ancillary structure at Silvasa.
- The company will provide civil work services for the project.
- The completion period is 15 months from the start date of 1st November 2024, excluding GST.
- Trading window for dealing in securities of the company is closed for insiders and designated persons as per SEBI regulations.