Deals22 Aug 2025, 06:51 pm
JNK India Ltd Secures Significant Order from JNK Global Co., Ltd., Korea for Refinery Project
AI Summary
JNK India Ltd has announced the receipt of a significant order from JNK Global Co., Ltd., Korea for providing design and engineering support to JNK Global for Cracker Furnace Package of a refinery project in India. The project is classified as significant and is expected to be executed by December 21, 2027. The order falls under related party transactions but will be executed at arm's length interest.
Key Highlights
- JNK India Ltd has received a significant order from JNK Global Co., Ltd., Korea for a refinery project in India.
- The project is classified as significant with an expected delivery schedule in December 2027.
- The order falls under related party transactions but will be executed at arm's length interest.
- JNK Global Co., Ltd., Korea is an international entity and the order is to be executed in India.
- JNK Global Co., Ltd., Korea is not a promoter or part of the promoter group of JNK India Ltd.