Nature of the Disclosure
Regulatory filing under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding contract award acceptance.
Key Quantitative Figures
- Approved L1 Unit Rate: INR 47,625 per system (excluding GST)
- Breakdown per unit:
- Supply of Material: INR 42,000
- Installation & Commissioning: INR 1,750
- 5-Year Comprehensive Maintenance Contract (CMC): INR 3,875
Dates of Action
- Disclosure Date: July 20, 2026
- Agreement process initiated; execution as per standard project timelines stipulated by CREDA
Parties Involved
- Awarding Entity: Chhattisgarh State Renewable Energy Development Agency (CREDA), Department of Energy, Government of Chhattisgarh
- Recipient Entity: Lord's Mark Industries Limited (formerly known as Lords Mark India Limited and Kratos Energy & Infrastructure Limited)
- Division: Lighting Division of Lord's Mark Industries Ltd.
Project Scope and Geographical Coverage
The complete work under this tender has been allotted to the Company for execution across the entire State of Chhattisgarh.
Contract Details
- Nature: Government Contract for Renewable Energy & Lighting Infrastructure
- Entity Type: Domestic Entity (State Government Agency)
- Geographical Scope: Domestic
Related Party Considerations
- Promoter/promoter group/group companies have NO interest in the entity that awarded the order
- Order does NOT fall within related party transactions
Operational Impact
- Strategic Footprint: Project covers complete state of Chhattisgarh, significantly expanding market footprint
- Operational Capabilities: L1 bidder status underscores competitive cost efficiencies, robust supply chain, and advanced engineering capabilities in clean energy and sustainable lighting space
Current Status
The Company has accepted the offer and is completing the formal contract agreements within the stipulated timelines.
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