Shayona Engineering Secures ₹2.5 Cr Service Order

Shayona Engineering Limited has announced the receipt of a Service Order from a domestic customer for Engineering Review and Technical Consultancy Services. The order is valued at ₹2,50,00,000 (Rupees Two Crore Fifty Lakhs), excluding 18% GST. The customer's name is withheld due to confidentiality agreements. The contract involves reviewing engineering documents, drawings, and technical submissions. Payment terms include a 25% advance and the balance 75% against agreed milestones. The execution period is within 6 months from the date of RC/LOI. This order does not involve any interest from promoters or group companies and is not considered a related party transaction.