HEG Subsidiary Replus Engitech Secures ₹217.56 Cr Order

AI Summary

HEG Ltd announced that its subsidiary, Replus Engitech Private Limited, has received orders from Indus Towers Limited for the supply of Lithium-Ion Battery Banks. The total value of these orders is ₹217.56 Crore, inclusive of GST. The disclosure was revised to correct an omission regarding the currency amount. The orders are to be executed by March 31, 2027, or an extended mutually agreed date. This order falls under domestic transactions and does not involve related party interests.

Key Highlights

Subsidiary Replus Engitech receives significant order from Indus Towers.
Order value stands at ₹217.56 Crore for Lithium-Ion Battery Banks.
Execution deadline set for March 31, 2027, with potential extensions.
Transaction is domestic and does not involve related parties.

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HEG

Electrodes & Refractories

HEG LTD.

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