Core Announcement – Order Details
Awarding Entity: Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC)
Domestic/International Order: Domestic Order
Nature of Order/Contract: Development of Bulk Drug Park at Una District, Una (Himachal Pradesh). Specific scope includes: Formation cutting, construction of internal roads, storm water drains, bridge and fencing PH-I.
Order Value: ₹225.00 Crore (including GST)
Materiality Context: Described as strengthening "Pan-India Growth Momentum" and contributing to India's infrastructure and industrial development. Part of the company's strategy to expand geographic presence and diversify infrastructure portfolio.
Execution Timeline: 18 months
Revenue Recognition / Billing Structure: Item Rate Contract
Key Terms & Payment Milestones: Performance security @ 3% of contract value required
Whether Related Party Transaction: No
Promoter Group Involvement: No
Financial Implication: Not Specified