Business Update20 Aug 2026, 03:26 pm
Popular Foundations Secures ₹19.82 Cr Convention Centre Order
AI Summary
Popular Foundations Ltd has announced the receipt of a significant domestic order valued at ₹19.82 Crores (including GST) from Sastra Deemed to be University, Thanjavur. The order is for the construction of a Convention Centre at the university's premises. The project is expected to be executed within 10 months from the commencement of work. This new contract is expected to bolster the company's order book and contribute to its revenue in the coming periods. The company has provided all necessary disclosures as per SEBI LODR Regulations.
Key Highlights
- Received a new domestic order worth ₹19.82 Crores.
- Order is for the construction of a Convention Centre.
- Execution timeline is 10 months from commencement.
- No promoter or group interest in the awarding entity.
- Transaction is not a related party transaction.
Price Impact
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