StockWatch
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Fertilizers
Award24 Aug 2026, 06:40 pm

Kothari Industrial Corp Wins ₹2.54 Cr Material Handling Contract

AI Summary

Kothari Industrial Corporation Limited has received a Letter of Acceptance (LOA) from Integral Coach Factory (ICF), Chennai, for providing comprehensive material handling services at their Shell Depot. The contract, valued at ₹2,54,21,938.88 including GST, involves the deployment of material handling equipment and manpower for a period of one year. This award signifies a new business win for the company in the domestic market.

Key Highlights

  • Secured a comprehensive material handling services contract from Integral Coach Factory.
  • Contract value stands at ₹2.54 Crores, including applicable GST.
  • Service period is one year, commencing within one day of LOA issuance.
  • Involves deployment of various material handling equipment and manpower.
  • This is a domestic contract awarded by an Indian Railways entity.