HLE Glascoat's Subsidiary Wins €20.56M Contract for Cladding Panels

HLE Glascoat Limited announced that its step-down subsidiary, HLE Surface Technologies GmbH (HST), has secured a significant international contract. The order, valued at approximately Euro 20.56 million, was awarded by FLC Portals Group I/S, Denmark. HST will supply vitreous enamel cladding panels for a tunnel project connecting the German island of Fehmarn and the Danish island of Lolland. The contract is expected to be executed on or before April 2030. This disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and confirms no related party transactions or promoter interest in the awarding entity.