Deals15 Jan 2025, 09:57 pm
Techknowgreen Solutions Receives Work Order of INR 3,13,00,000, Expected Completion in 8 Weeks
AI Summary
Techknowgreen Solutions Ltd. has clarified the details of a work order received by the company, amounting to INR 3,13,00,000 excluding GST. The company is expected to complete its scope of work in 8 weeks, by the end of March 2025. The work order is awarded by Gargantuan Industrial Space Solutions Private Limited and includes various significant terms and conditions such as 50% payment on initiation of works and 50% on completion of works. The order does not involve any related party transactions and the promoter/promoter group/group companies do not have any interest in the entity that awarded the order.
Key Highlights
- Techknowgreen Solutions receives work order of INR 3,13,00,000
- Expected completion of the work order within 8 weeks
- Payment terms: 50% on initiation of works & 50% on completion of works
- No related party transactions involved
- Promoter/promoter group/group companies have no interest in the entity that awarded the order