Deals27 Mar 2026, 04:23 pm
JNK India Ltd Secures Major Order from JNK Global Co., Ltd., Korea for Refinery Project Supplies
AI Summary
JNK India Ltd has announced the receipt of a significant order from JNK Global Co., Ltd., Korea for providing support services and supplies to JNK Global for a Cracker Furnace Package of a refinery project in India. The order, classified as 'Major', is to be executed in India with a project delivery schedule set for February 2, 2028. JNK Global is one of the promoters of JNK India Ltd, but there is no potential conflict of interest arising from this transaction. The order falls within related party transactions and will be executed at arm's length.
Key Highlights
- JNK India Ltd has received a major order from JNK Global Co., Ltd., Korea
- The order is for providing support services and supplies for a Cracker Furnace Package of a refinery project in India
- The project delivery schedule is set for February 2, 2028
- JNK Global is one of the promoters of JNK India Ltd, but there is no conflict of interest
- The order falls within related party transactions and will be executed at arm's length