Deals1 Aug 2025, 02:26 pm
Coromandel Engineering Company Ltd Awarded Contract Worth Rs. 134 Crores
AI Summary
Coromandel Engineering Company Ltd has been awarded a Contract for a value of Rs. 1,34,00,00,000 (Rupees One Hundred and Thirty Four Crores only) excluding taxes from the entities specified in the annexure A. The contract is for the Construction of residential apartments and repair & renovation of hostel building. The residential apartments order is to be executed within a period of 30 months and the renovation within a period of 3 months. The promoter has a significant interest in the entity that awarded the order. The order falls under related party transactions and is being carried out at arm’s length basis.
Key Highlights
- Coromandel Engineering Company Ltd awarded a Contract worth Rs. 134 Crores
- Contract for Construction of residential apartments and repair & renovation of hostel building
- Residential apartments order to be executed within 30 months, renovation within 3 months
- Promoter has significant interest in the entity that awarded the order
- Order falls under related party transactions and is being carried out at arm’s length basis