Key Transaction Details
- Date of Execution: 28th July, 2026
- Counterparty: M/s. Him Infratech Private Limited, Chandigarh (referred to as 'the Contractor')
- Contract Value: ₹40 Crore (Rupees Forty Crore only)
- Purpose: Construction of a centralized warehouse facility
Project Specifications
- Location: Company's leasehold land at Village Jawaharpur, Derabassi, Punjab, adjoining existing manufacturing facility (Global Business Unit)
- Land Area: Approximately 4.5 acres
- Capacity: 11,000 Pallets
- Usage: Storage of Raw Material, Packing Material and Finished Goods
- Construction Timeline: 300 days (excluding exigencies)
Corporate Relationships
- Shareholding in Counterparty: NIL
- Related Party Status: The parties are not related to promoter/promoter group/group companies
- Transaction Classification: Does not classify as related party transaction under SEBI LODR regulations
Expected Benefits
The warehouse facility is expected to strengthen the Company's storage and logistics infrastructure and improve operational efficiencies.