Conart Engineers Limited has made a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has received a work order from M/s. Apothecon Pharmaceuticals Private Limited for civil construction work of LVAPI-6 Services at PO Dabhasa, Padra, Dist. Vadodara, Gujarat.
The approximate value of the project is ₹15.41 Crores, excluding GST. This value is subject to change based on any modifications to the final layout plan and any extra work that may be required.
The disclosure includes an annexure with details as required by SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023.
Key Details from Annexure:
- Entity Awarding Contract: M/s. Apothecon Pharmaceuticals Private Limited
- Significant Terms: Terms and conditions are as per Standard Construction Industry Practice
- Awarding Entity Type: Domestic Entity
- Nature of Contract: Civil construction work of LVAPI-6 Services at PO Dabhasa, Padra, Dist. Vadodara
- Project Location: Domestic (PO Dabhasa, Padra, Dist. Vadodara, Gujarat, India)
- Execution Timeline: Within 12 months of Purchase Order
- Contract Value: Approximately ₹15.41 Crores (excluding GST), subject to changes in final layout plan and extra work
- Promoter/Group Interest: No interest from promoter/promoter group/group companies in the entity awarding the contract
- Related Party Transaction: Not applicable
- Date and Time of Receipt: 26th May, 2026 at 04.30 PM
The disclosure was signed by Narendra D. Shah, Company Secretary (Mem. No. A7480), on behalf of Conart Engineers Limited.