StockWatch
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Business Update1 Sept 2026, 02:59 pm

Shayona Engineering Secures ₹2.5 Cr Service Order

AI Summary

Shayona Engineering Limited has received 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 GST. The customer's name is withheld due to confidentiality. The services include engineering review of documents and technical submissions. Payment terms involve a 25% advance and the remaining 75% linked to milestones. The order is to be executed within 6 months from the date of RC/LOI.

Key Highlights

  • Received service order for engineering review and technical consultancy.
  • Order value is ₹2.50 Crores, excluding GST.
  • Execution timeline is within 6 months.
  • Payment terms include 25% advance and milestone-based balance.
  • Customer name withheld due to confidentiality.