Core Announcement – Order Details
Order 1 Details:
Awarding Entity: Princeton Digital Group (India) Management Private Limited
Domestic/International Order: Domestic
Nature of Order/Contract: Supply of Power Distribution System
Order Value: Rs 398.81 crores (Approx) Excluding Taxes (total for both orders)
Execution Timeline: Delivery of goods to be made over a period of 18 months
Order 2 Details:
Awarding Entity: Classic Electric
Domestic/International Order: Domestic
Nature of Order/Contract: Supply of Power Distribution Systems
Order Value: Part of total Rs 398.81 crores (Approx) Excluding Taxes
Execution Timeline: Delivery of goods to be made over a period of 6-8 months
Materiality Context
Not Specified
Revenue Recognition / Billing Structure
Not Specified
Key Terms & Payment Milestones
Not Specified
Whether Related Party Transaction
No. The company specifically states that the orders do not fall within the ambit of related party transactions.
Promoter Group Involvement
No. The disclosure confirms that none of the Promoters/Promoter Group have any interest in the aforesaid work.
Financial Implication
Not Specified