Core Announcement – Order Details
Awarding Entity: Inter-Ministerial Committee, Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs
Domestic/International Order: Domestic
Nature of Order/Contract: Setting up of an Inland Container Depot (ICD) at Village Kudathini, Ballari District, Karnataka for handling of Import/Export cargo. This is the first ICD in the Ballari region.
Order Value: Not Specified
Materiality Context: The ICD is described as the first in the Ballari region. This project is a continuation of the company's earlier development of a Multi-Modal Logistics Park at the same location, following the acquisition of a brownfield Rail Siding and commencement of interim operations.
Execution Timeline: The ICD must be made operational within a period of one year from the date of issue of the Letter of Intent (LOI). The LOI was received via email on 10th September, 2026 at around 8:00 p.m.
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: No. The promoter/promoter group/group companies have no interest in the entity that awarded the order.
Financial Implication: Not Specified