RITES Ltd received an amendment to a Letter of Acceptance from NALCO for Detailed Engineering & PMC services.
The contract value was enhanced from ₹79.73 Crore to ₹118.89 Crore (excluding GST), a significant increase.
The domestic order is for construction of a railway siding at Sankerjang for NALCO's Utkal-D Coal Mines.
The disclosure is made under SEBI LODR Regulation 30 and confirms no related party interest.