Core Announcement – Order Details
Awarding Entity: EKS InTec India Private Limited
Domestic/International Order: Domestic
Nature of Order/Contract: Fixed Bid project for Design Planning and Simulation of 4 production lines.
Order Value: Rs. 3,56,91,142.50 /- (Rupees Three Crores Fifty-Six Lakhs Ninety-One Thousand One Hundred Forty-Two Rupees and Fifty Paise Only) excluding GST.
Materiality Context: Described as a "prestigious order" bagged by the Mobility Business unit, signifying consideration of the company's wide range of capabilities.
Execution Timeline: Project to be completed over a period of 3 months.
Revenue Recognition / Billing Structure: Fixed bid project structure disclosed. Specific billing milestones not specified.
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No. The disclosure explicitly states "Not a related party and hence issue of Arm's length is not applicable."
Promoter Group Involvement: No. The disclosure confirms that the promoter/promoter group/group companies have no interest in the entity that awarded the order.
Financial Implication: Not Specified