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 362.34 crores (Approx) Excluding Taxes (total for both orders)
Execution Timeline: Delivery of goods to be made over a period of 12-15 months
Order 2 Details:
Awarding Entity: DXDC Chennai Private Limited
Domestic/International Order: Domestic
Nature of Order/Contract: Supply of Power Distribution System (via Letter of Intent)
Order Value: Part of total Rs 362.34 crores (individual value not specified)
Execution Timeline: Delivery of goods to be made over a period of 4-5 months
Materiality Context: Not Specified
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: No - explicitly stated that none of the Promoters/Promoter Group have any interest in the aforesaid work
Financial Implication: Not Specified