The disclosure is made in accordance with Master Circular No. HO/49/14114(7)2025-CFD-POD2/13762/2026 dated January 30, 2026.

Nature of the Event

The event is the receipt of Letters of Award (LOA) for two distinct projects.

Details of Orders Awarded

Order 1: Supply, Erection, Testing and Commissioning of Raw Water Pipeline and associated Equipment - ACL Maratha

  • Location: AT & PO: Uoanivahi, Taluka: Korpana, Chandrapur, Maharashtra
  • Order Value: ₹10.85 Crores (Rupees Ten Crore Eighty Five Lakhs Only)
  • Taxes: GST shall be extra

Order 2: Erection, Testing and Commissioning of Raw Water Pipeline and associated Equipment - ACL Maratha

  • Location: AT & PO: Uparwahi, Taluka: Korpana, Chandrapur, Maharashtra
  • Order Value: ₹7.25 Crores (Rupees Seven Crore Twenty Five Lakhs Only)
  • Taxes: GST shall be extra

Aggregate Order Value: ₹18.10 Crores (exclusive of taxes)

Significant Terms and Conditions

Time Period for Execution: Both orders are to be executed within ten (10) months from the effective date.

Effective Date: The effective date for both orders is May 11, 2026, which is the date of issuance of the LOA.

Commencement of Site Work: Site work is scheduled to commence from July 01, 2026, following discussions on the terms & conditions of the Purchase Order dated May 11, 2026.

Payment Terms

Order 1 (Supply & Erection):

  • Advance: 10% of Basic price
  • Running Account (RA) Payment: 85% of Supply Value to be paid on pro-rata basis
  • Retention Payment: 5% of Basic Price on completion of the Project

Order 2 (Erection):

  • Advance: 10% of Basic price
  • Running Account (RA) Payment: 80% of Erection Value to be paid on pro-rata basis
  • 5% payment against Hydro Test
  • Retention Payment: 5% of Basic Price on completion of the Project

Other Contractual Terms

Liquidated Damages: Maximum of 5% of the PO Price for both orders.

Delivery Point: ACL - Maratha for both orders.

Invoicing Address: Ambuja Cements Limited, AT & PO: Uparwahi, Taluka: Korpana, Chandrapur 442908, Maharashtra.

Defect Liability Period: 12 months from the date of successful Commissioning for both orders.

Securities Required:

  • Advance Payment Bank Guarantee: 10% of the Basic Price for both orders.
  • Performance Bank Guarantee: 5% of the Basic Price for both orders, with a claim period of three (3) months from the expiry of the Defect Liability Period.

Entity and Transaction Classification

The entity awarding the orders, Ambuja Cements Limited, is classified as a Domestic Entity.

The company has confirmed that its promoters/promoter group/group companies do NOT have any interest in Ambuja Cements Limited.

The company has confirmed that these orders do NOT fall within related party transactions.