Joint Venture12 Feb 2025, 11:00 pm
Mehai Technology Ltd Enters Agreement with DJS Aqua Private Limited and HPCL for HP PAANI Supply
AI Summary
Mehai Technology Ltd has entered into an agreement with DJS Aqua Private Limited and Hindustan Petroleum Corporation Ltd (HPCL) for the supply of drinking water, HP PAANI, in six districts. The agreement is expected to generate a minimum of Rs. 36,00,000/- per month and Rs. 4,32,00,000/- per year. The agreement is not a related party transaction.
Key Highlights
- Mehai Technology Ltd has entered into an agreement with DJS Aqua Private Limited and HPCL for the supply of HP PAANI
- The supply will be in six districts: Kolkata, Howrah, North 24 Parganas, South 24 Parganas, Hooghly & Nadia
- The expected revenue from the agreement is Rs. 36,00,000/- per month and Rs. 4,32,00,000/- per year
- The agreement is not a related party transaction
- The agreement is in compliance with SEBI Listing Regulations and Circular no. SEBI/HO/CFD/CFD- PoD-1/P-CIR//2023/123 dated July 13, 2023